Tag Archives: AMIGO

FDJ 2020 results drained by early Covid hits 

Groupe FDJ has reported a ‘gradual recovery’ to its financial performance, as strong second-half lottery sales helped the company mitigate sustained Covid headwinds incurred earlier in the year. Completing its first year as a Paris Euronext enterprise, FDJ recorded full-year group stakes (lottery sales + sports betting wagers) of €16 billion, down 7% on corresponding FY 2019’s €17.1 billion. The …

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FDJ focuses on delivering ‘2020 savings plan’ as covid drains momentum

Française des Jeux (FDJ) has stated that ‘many uncertainties remain’ as the French national lottery operator seeks to return to ‘a comparable level of activity’ with 2019 trading.  Publishing its first interim results as a Paris Euronext enterprise, FDJ said that COVID-19 impacts have wiped out the firm’s ‘early momentum’ as total group wagers declined by 18% to €6.8 billion …

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FDJ accounts for €50 million Q1 COVID-19 damages 

A strong opening to 2020 trading for Francaise des Jeux (FDJ) has been halted by COVID-19 disruptions, said the company, impacting its lottery and sports betting retail networks. According to its Q1 2020 trading update, FDJ has recorded a 5% decline in stakes to €4.1 billion (Q12019: €4.3bn), underlining a 60% drop in retail sales since 16 March – the …

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