La Francaise des Jeux SA
FDJ
ISIN FR0013451333 / Valor 50779779
La Francaise des Jeux SA
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About company
La Francaise des Jeux SA (FDJ) stands as France's premier betting and gaming operator, with a significant presence on the global stage. The company has built a diverse portfolio that includes lottery games, sports betting, and poker, catering to a wide audience seeking recreational gaming experiences. Beyond its core offerings, FDJ is actively expanding its business model through the international marketing of technological solutions, the development of retailer payment processing services, and engagement in various entertainment activities. Founded with a commitment to ethics and responsibility, FDJ has integrated these values deeply into its operations, a commitment that was further solidified in 2020 when the company formally adopted a purpose-driven approach to its business, encapsulated in six core commitments. This approach underscores FDJ's dedication not only to providing responsible gaming options but also to innovating and diversifying its services to meet the evolving demands of the market.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (16.11.2025):
La Francaise des Jeux SA's Q3 2025 financial results indicate a mixed performance: while reported revenue reached €864 million – a 29% increase compared to Q3 2024 – the restated figures show a 3% decline primarily due to a significant impact from increased gaming taxes and regulatory changes. The French Lottery and Retail Sports Betting business unit maintained steady growth, whereas the Online Betting & Gaming segment experienced a notable decline, especially in key markets affected by tighter regulations. The company confirmed its full-year 2025 targets with revenue expected to exceed €3.7 billion and recurring EBITDA of around €900 million, supporting a sustained margin above 24%.
Revenue Performance
In Q3 2025, La Francaise des Jeux SA reported €864 million in revenue. Despite a 29% increase on a reported basis compared to Q3 2024, the restated performance reflects a 3% decline. The French Lottery and Retail Sports Betting unit showed modest gains, while the Online Betting & Gaming unit suffered revenue compressions due to regulatory pressures and unfavorable sports betting outcomes in markets such as France, the Netherlands, and the United Kingdom.
Tax Impact & Operational Details
The decline in restated revenue is attributed largely to the increased gaming taxes – a cumulative impact of €21 million (with €18 million from France) – and stricter regulatory measures. Excluding this tax impact, revenue would have been nearly stable, with only a 0.7% decline at constant gaming taxes. Additionally, shifts in market conditions and high basis effects from previous exceptional events influenced performance, particularly in the online segment.
Future Outlook & Cost Efficiency
La Francaise des Jeux SA confirmed its full-year 2025 guidance, with expected revenue to exceed €3.7 billion and recurring EBITDA near €900 million, maintaining a recurring EBITDA margin above 24%. Looking ahead to Q4, while a slight revenue decline is anticipated at constant gaming taxes, the company is ramping up cost reduction initiatives and continuing the rollout of proprietary technology platforms to support its Play Forward 2028 strategy.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5039 M
Market cap (USD)
508,956
Daily traded volume (Shares)
36.74 / 36.34
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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