Earnings release
Page 1
1/14 GROUPE FDJ Press release • 2020 results preserved despite the impact of the health crisis Strong business in the second half ( stakes up 3 % ) helped limit the decline in annual stakes ( down 7 % to € 16bn ) and revenue ( down 6 % to € 1.9bn ) Strategic digital investment has enabled the growth acceleration of online stakes , to almost 10 % of total stakes ⚫ EBITDA¹ totalled € 427m , maintained at the 2019 level thanks notably to a cost savings plan of more than € 80m , with net profit of € 214m • A solid , responsive and supportive Group Boulogne - Billancourt ( France ) , 12 February 2021 ( 07:00 a.m. ) – La Française des Jeux ( FDJ ) , France's leading gaming operator , announces its 2020 results . Stéphane Pallez , Chairwoman and Chief Executive Officer of FDJ group , said : " 2020 was an unprecedented and contrasted year during which FDJ demonstrated resilience and solidarity . The health crisis had a particularly strong impact on our business in the first half . But the recovery in the second half , combined with the Group's responsiveness and relevant digital strategy , enabled us to preserve our performance and annual results . I would like to thank our employees for their commitment , and to renew our support for our network of retailers , some of which have been severely impacted . As 2021 gets started , while uncertainties persist , the Group remains confident in its prospects for sustainable growth , consistent with its raison d'être . " In this document , the 2019 data are adjusted , net of tax , for the new fiscal and regulatory framework effective from the beginning of 2020 , the impact of exceptional long lottery cycles , Sporting Group's full - year results , and expenses related to the Group's IPO . Quarterly and half - yearly variations are not adjusted for exceptional long lottery cycles in 2019 . In 2020 After the significant impact of the health crisis on the first half , which saw stakes fall by 18 % , the gradual recovery during the summer was confirmed throughout the second half , with an increase of 3 % . Over the year , FDJ recorded € 16 billion in stakes , a decline of 7 % compared with 2019 . • Loto and Euromillions demonstrated their resistance , with a 6 % increase in stakes to € 3.2 billion . Amigo was heavily impacted , notably by its suspension during the first lockdown , recording a decline of more than 30 % . Stakes on instant games , down 6 % at € 7.7 billion , were also affected by the impact of the health crisis on point - of - sale footfall . In total , lottery stakes were down 6 % at € 12.7 billion . • The decline in sports betting was limited to 10 % to € 3.2 billion over the year , thanks to growth of 20 % in the second half , compared to the second half of 2019 , following a decline of early 40 % in the first half . 1 EBITDA : recurring operating profit adjusted for depreciation and amortisation expense .