Groupe Partouche reports growth in FY2023
Groupe Partouche’s latest financial report covering its performance in the 12 months ended on the 31st of October has shown a healthy growth momentum for the firm.
One of the first figures highlighted by the operator in its latest report was a gross revenue of just over 700 million euros, representing a 10% year-over-year increase from the revenue of 637 million euros the group generated throughout the 2022 financial year. Groupe Partouche reported that this growth was driven by GGR increases in both its online and land-based offerings, with the firm’s iGaming experiences in Switzerland experiencing the highest growth rate at over 40% year-over-year.
The group’s gross revenue growth led to a 9% increase in its turnover, which was recorded at 424 million euros at the end of the period. This led to an EBITDA figure of 76 million euros, which represented a growth of only 0.7% for the company. Groupe Partouche also reported an operating income of just over 27 million euros, which grew by more than 18% year-over-year.
Lastly, the company mentioned a few of its key developments throughout the financial year in its report, with one of the most noteworthy ones being Groupe Partouche’s collaboration with Betsson Group to expand its presence in the Belgian online gambling market.