Groupe Partouche reports growth in H1 2023

Groupe Partouche reports growth in H1 2023

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Groupe Partouche reports growth in H1 2023

Groupe Partouche has recently published its financial performance report for the first half of the year.

The report started off with some of the company’s most noteworthy statistics, such as its gross revenue, which increased by more than 17% year-over-year to 341 million euros in the first half of the financial year ending in April. Turnover was up next, which was recorded at more than 215 million euros in the period, up by over 15% in comparison to last year’s first half, which generated just over 187 million euros for the firm.

This led to a slightly larger increase in the company’s EBITDA, which was recorded at just under 43 million euros this year, which went up by almost 25% from last year’s figure of 34 million euros. The company’s operating income experienced an even greater increase of nearly 100%, going from 9.7 million euros to 19.3 million euros in the year’s first half.

In contrast to these increases, Groupe Partouche’s EBITDA margin remained nearly the same, only increasing by 1.5%, while its net income saw a decline of 23%, going from 24.6 million euros to just under 19 million euros in 2023.

Earlier this month, Groupe Partouche signed a contract with Betsson Group, through which it will be expanding its presence in the Belgian iGaming market with its Middelkerke casino brand. Learn more about the collaboration here.

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