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 (22.12.2024):
Revenue Growth
La Française des Jeux SA reported a significant increase in revenue for the period ending September 2024. The company's revenue rose by 12% to €2,097 million, with a 6% increase on a like-for-like basis. This growth was driven by strong performances in both lottery and sports betting, as well as online gaming activities.
Lottery and Sports Betting Performance
In France, gaming revenue increased by 8% to €1,907 million. Lottery revenue alone grew by 7% to €1.5 billion, supported by a robust performance across all game ranges. Additionally, sports betting and online gaming open to competition saw a 13% revenue growth, reaching €407 million.
Digital and Point-of-Sale Revenue
Digital revenue for La Française des Jeux SA surged by 39% to €302 million, representing 15% of the total revenue. This growth was attributed to both sports betting and online gaming, as well as the online lottery. Point-of-sale revenue also increased by 3% in France and by 9% including Ireland.
2024 Outlook
La Française des Jeux SA has revised its 2024 outlook upward, now expecting revenue growth of close to 9% within its gaming activities in France. The company anticipates a recurring EBITDA margin of around 25%. Including the acquisition of Kindred, reported 2024 revenue growth is projected to be around 16%.
Kindred Acquisition
La Française des Jeux SA successfully completed its tender offer for Kindred, acquiring a 91.77% stake as of October 11, 2024. This acquisition is set to create a European gaming champion with a diversified and balanced profile, enhancing the company's international presence and revenue potential.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
6987 M
Market cap (USD)
37,128
Daily traded volume (Shares)
36.46 / 36.12
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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