The French gaming company FDJ has reported a 9% increase in revenues during 2019, with even more growth expected for 2020.<\/p>\n\n\n\n\n\n\n\n
France.-\u00a0Fran\u00e7aise des Jeux<\/em><\/strong>\u00a0(FDJ) has released its full financial results from 2019, a year in which the French operator registered a 9% increase in revenues to \u20ac1.96 billion when compared to the previous year.<\/p>\n\n\n\n Total wagers rose 9% to \u20ac17.2 billion and EBITDA also increased 9% to \u20ac346 million. Net profit, however, registered a 22% setback when compared to the same period the previous year to \u20ac133 million.<\/p>\n\n\n\n FDJ also set its projections for this year: the French operator is expecting a revenue rise of 5%, as well as a 5% increase in stakes. EBITDA margin is expected to be maintained above the 20% mark. These increases are projected due to a busy 2020 with the UEFA Euro 2020 and a new Euromillions format.<\/p>\n\n\n\n FDJ Chairwoman and CEO St\u00e9phane Pallez, said: \u201c2019 will be remembered as a landmark year for Fran\u00e7aise des Jeux with the great success of its initial public offering to numerous institutional investors, individual shareholders and Group employees. 2019 was also characterised by very strong growth in all our businesses, across all sales channels, both physical and digital, and the Group\u2019s excellent operating and financial performances.<\/p>\n\n\n\n \u201cThese results allow us to adjust our 2020 outlook upwards and to look forward with renewed confidence to the deployment of our sustainable growth strategy, in line with our commitments to CSR and responsible gaming.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The French gaming company FDJ has reported a 9% increase in revenues during 2019, with even more growth expected for 2020.<\/p>\n","protected":false},"author":2,"featured_media":3566,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Fran\u00e7aise des Jeux (FDJ) reported a 9% revenue increase to \u20ac1.96 billion in 2019, with total wagers and EBITDA also rising by 9%. Despite strong operational growth, net profit saw a 22% decline to \u20ac133 million. The French operator projects a 5% revenue and stakes increase for 2020, driven by events like UEFA Euro 2020 and a new Euromillions format, maintaining an EBITDA margin above 20%.","focusai_entities":"Fran\u00e7aise des Jeux, FDJ, St\u00e9phane Pallez, UEFA Euro 2020, Euromillions","focusai_location":"France","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.8), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"FDJ's Digital Growth?","query":"What specific digital channel growth metrics contributed to FDJ's overall revenue increase, and what is the projected digital GGR contribution for 2020?"},{"label":"Post-IPO Performance?","query":"How has FDJ's share price performed relative to its IPO valuation following the release of these strong 2019 results and optimistic 2020 projections?"}],"footnotes":""},"categories":[16331,163],"tags":[2140],"class_list":["post-3563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elsewhere-news","category-finance-news","tag-france"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3563"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3563\/revisions"}],"predecessor-version":[{"id":777010327,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3563\/revisions\/777010327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3566"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}