FDJ’s total net revenue for the first half of 2024 surpassed last year’s figure, reaching €1.29bn. This growth was fueled by robust performance across core lottery, sports betting, online gaming, international operations, and payment services.
Strong performance across key segments
The primary drivers of FDJ’s revenue growth included significant gains in lottery tickets, increasing sports betting participation, and a thriving online gaming sector. Additionally, international expansions and enhanced payment services contributed notably to the revenue spike.
Gaming sector thrives: GGR soars by 11.1% in h1 to €3.66bn
Gross gaming revenue (GGR) for the first half of the year surged by 11.1%, reaching an impressive €3.66 billion. After accounting for public levies, the net gaming revenue stood at €1.36 billion.
Premier lotteries Ireland and Zeturf drive growth
Digital revenue experienced an impressive surge of 39.8%, primarily fueled by the strategic acquisitions of Premier Lotteries Ireland and Zeturf. These acquisitions played a pivotal role in reinforcing the company’s market presence and driving substantial growth.
Point-of-sale revenue growth
In addition to the digital segment, point-of-sale revenue also observed a notable increase of 7.5%. This upswing further highlights the company’s diverse revenue streams and robust performance across various channels.
Revenue breakdown
| Segment | Growth Percentage |
|---|---|
| Digital Revenue | 39.8% |
| Point-of-Sale Revenue | 7.5% |
Combined, these achievements underscore the company’s strategic expansion efforts and its ability to capitalize on both digital and physical sales avenues.
FDJ reports strong growth in France-lottery revenue
Solid performance surpasses expectations
The French lottery giant, FDJ, underscores its dominant position in the market as its primary revenue source remains the lottery business. France-centric lottery operations have remarkably generated €1.01 billion in net revenue, reflecting a notable 5.0% year-over-year growth.
Key contributor to financial success
This impressive financial performance highlights the critical role lottery activities play in FDJ’s revenue generation strategy, marking a substantial increase from the previous year.
Sports betting and online poker revenue surge by 14.5% to €294m
Sports betting and online poker revenue surged by an impressive 14.5% to €294 million, reflecting robust growth in the digital gambling sector.
Online gaming revenue soars by 28.3%
Meanwhile, online gaming revenue saw an even more significant jump, rising by 28.3% on a like-for-like basis. This surge underscores the increasing popularity and adoption of online gaming platforms.
The substantial growth in both sectors highlights a changing landscape in digital entertainment and suggests continued momentum in the online gambling market.
FDJ reports surge in profit and EBITDA
FDJ has announced impressive financial results for the past year, showcasing strong growth in key metrics. The company’s recurring operating profit soared to €285 million, reflecting a significant 19.9% year-on-year increase. Additionally, recurring EBITDA surged by 23.5%, reaching €370 million.
These robust financial performances underline FDJ’s resilience and successful strategic initiatives during the challenging economic climate. Below is a brief overview of FDJ’s key financial metrics:
Key financial metrics
| Metric | 2022 | 2021 | Growth (%) |
|---|---|---|---|
| Recurring Operating Profit | €285 million | €238 million | 19.9% |
| Recurring EBITDA | €370 million | €300 million | 23.5% |
FDJ’s performance underscores the efficacy of its strategic approach and sets a positive precedent for future growth and stability.
