FDJ: 21% growth in recurring EBITDA in 2024
(CercleFinance.com) - FDJ reports a 21% increase in recurring EBITDA to E792m for 2024, giving a margin of 25.
8% on sales up 17% to E3.06bn, including Kindred from 11 October and based on retained activities.
On a pro-forma basis, as if Kindred had been acquired on 1 January 2024, and based on a consolidation scope actually retained by the group, sales come to almost E3.8bn, with a current EBITDA margin close to 25.5%.
La Française des Jeux estimates that the French Social Security Financing Act 2025 will mechanically affect its sales and recurring EBITDA by almost E45m over the year, representing a full-year impact of almost E90m.
The gaming group nevertheless states that it has begun to implement measures whose gradual effect aims to fully offset the impact of this tax increase from 2027.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
8% on sales up 17% to E3.06bn, including Kindred from 11 October and based on retained activities.
On a pro-forma basis, as if Kindred had been acquired on 1 January 2024, and based on a consolidation scope actually retained by the group, sales come to almost E3.8bn, with a current EBITDA margin close to 25.5%.
La Française des Jeux estimates that the French Social Security Financing Act 2025 will mechanically affect its sales and recurring EBITDA by almost E45m over the year, representing a full-year impact of almost E90m.
The gaming group nevertheless states that it has begun to implement measures whose gradual effect aims to fully offset the impact of this tax increase from 2027.
Copyright (c) 2025 CercleFinance.com. All rights reserved.