Stéphane Pallez, CEO of Groupe FDJ, has emphasised the importance of preserving the positive social impact of the French national lottery and its betting subsidiary during ‘uncertain times.’ Two years after Groupe FDJ’s Paris Euronext IPO, 2022 saw the French lottery giant bring its retail unit of 14,500 points-of-sale network back to business. Servicing 25 million players, an uninterrupted FDJ …
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FDJ agrees to acquire ZEturf for €175m
Groupe FDJ continues its M&A expansion, announcing that it has entered an agreement to acquire French racebook operator ZEturf Group. This morning FDJ notified investors that it had concluded negotiations with ZEturf leadership, settling on “a transaction valued at €175m”. Founded in 2001 by the Rohan Chabot family, ZEturf operates the ZEbet online racebook, which in 2004 was granted rights …
Read More »FDJ upgrades 2022 forecasts ahead of World Cup boost
Groupe FDJ has raised its full-year revenue and earnings forecasts, as the French gambling group anticipates a strong finish to 2022. Providing a Q3 trading update (period ending 30 September), FDJ recorded a 12% increase in corporate revenues to €592m. The Paris Euronext firm continues to benefit from the full recovery of Française des Jeux (FDJ) retail network benefitting the …
Read More »Retail recovery and digital expansion drives FDJ’s Q1 revenue growth
La Française des Jeux (FDJ) has detailed a strong start to 2022, with revenue increases recorded for both sports betting and lottery, although stake numbers for the former did decline slightly. Updating stakeholders, the French national lottery and sports wagering provider reported total revenues of €613 million, a 14% increase on the previous year’s figure (€527m), backed by a 10.2% …
Read More »FDJ targets Paris Gold launching ‘Elite Femmes’ cycling competition
Française des Jeux (FDJ), France’s national lottery operator has launched the first edition of its ‘Coupe de France Elite Femmes’ pro-cycling competition, in partnership with the French Cycling Federation (FFC). A first of its kind event for women’s pro-cycling, the Coupe de France is an eight-round back-to-back multi-format race competition that will help Team France test cycling routes and prepare …
Read More »FDJ leadership to uphold #JamaissansElles gender equality charter
Groupe FDJ has announced that its management committee (leadership and corporate governance) has joined the corporate charter of #JamaissansElles (#NeverWithoutThem) – a French business directive aimed at promoting gender diversity across all workplaces. The operator of France’s national lottery and betting agencies, FDJ becomes the first company listed on the Paris Euronext SBF-80 to commit to its entire corporate leadership …
Read More »FDJ hits €100m landmark for French heritage programme
Groupe FDJ has raised more than €100 million to help restore French heritage and cultural landmarks through its headline ‘Mission Patrimoine’ (‘Heritage Mission’) fundraising programme. ‘Mission Patrimoine’ was launched in 2018, allowing patrons of Française des Jeux’s retail network to sell exclusive instant games to raise direct funds for French cultural restoration programmes. Selling ‘Patrimoine Games’, FDJ disclosed that during …
Read More »FDJ delivers full unit recovery to outshine 2019 results
Groupe FDJ navigates another year of operational hurdles, to achieve its core objective of outperforming 2019 metric results – deemed necessary following its disrupted 2020 IPO on the Paris Euronext Exchange. Publishing its 2021 consolidated results, FDJ full-year corporate revenues stood at €2.3 billion, up 18% and 10% on respective FY2021 and FY2020 results of €1.9 and 2.05 billion. Group …
Read More »Full strength FDJ outperforms 2019 comparatives
Groupe FDJ reports a strong business momentum as its financial performance begins to outmatch pre-COVID 2019 results. Publishing its Q3 trading update (period ending 30 September), FDJ recorded a group turnover of €529 million (Q3 2020: €503m) generated from the combined lottery and sports betting sales of €4.5 billion (Q3 2020: €4.3bn). France National Lottery operator reopened its entire AMIGO …
Read More »Full strength FDJ outperforms normalised trading results
Groupe FDJ has cited ‘rapid acceleration towards growth’, as its commercial units outride France’s pandemic headwinds and begin to outperform 2019 results. Publishing its 2021 interim accounts (period ending 30 June), FDJ records combined group stakes (lottery sales and sports betting wagers) of €9.1 billion up 32% on H1 2020’s €6.8 billion – and a significant 8% increase on H1 …
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