FDJ reports performance in the first nine months of 2023
FDJ’s latest financial report covers the company’s performance in the first nine months of the year.
The first key figure reported by the French operator was its gross revenue, which reached 4.8 billion euros in the period, remaining stable when compared to the company’s performance in the year prior. After paying just over 3 billion euros in various taxes, FDJ was left with a net revenue of 1.77 billion euros, which represented a 0.8% year-over-year increase. Combined with a revenue of about 103 million euros originating from other group activities, the firm had a total net revenue of 1.88 billion dollars in the first nine months of the year, up by almost 4% from last year.
FDJ broke down its performance by vertical, which revealed that wagers placed in land-based establishments far outweighed their online counterparts, with the firm’s retail handle being recorded at 13.3 billion euros and the online one at just over 2 billion euros in the period.
The company also mentioned two of its recent high-profile acquisitions in the report involving Premier Lotteries Ireland and ZEturf, the latter of which has recently been completed at the end of last month. Both of these purchases will strengthen FDJ’s position as a leading gambling company, with the acquisition of PLI helping expand the firm’s operating markets outside of France.