Groupe FDJ has published its financial results for Q3 of FY2021, revealing it is outperforming its pre-COVID-19 results.
FDJ recorded a group turnover of €529m, compared to €503m in Q3 2020, generated from the combined lottery and sports betting sales of €4.5bn. This is a 4.65% increase year-on-year in comparison to the €4.3bn generated in Q3 2020.
The French National Lottery operator reopened its entire AMIGO point-of-sale network from the beginning of June. Improved Q3 Lottery results saw FDJ instant game sales up 8% to £2.2bn, and FDJ weekly draws sales up 2% to €1.4bn.
FDJ’s sports betting operations’ turnover decreased by 3% year-on-year with results failing to match €1bn wagers recorded during Q3 2020. This time last year was a record-breaking period for the sports betting section of the group, a period that FDJ stated had benefitted “from a delayed sports schedule”.
However, continued recovery from the pandemic has ensured FDJ has seen total year-to-date sales of €16.8bn up to September 30. This is an 8% increase from 2019’s pre-pandemic total of €12.5bn.
Significantly, the group has improved upon its 2019 YTD performance across all of its key performance areas, including lottery sales (+9%), Sports Betting wagers (+25%), online sales (+57%) and return to players (10%).
Stéphane Pallez, CEO of the Groupe FDJ, commented: “The good recovery of our activities in the second quarter continued, both in digital and in our network of points of sale, with a 5% increase in sales in the third quarter.”
“We are confident in achieving our annual objectives and in our sustainable growth strategy, which combines financial performance and commitment to responsible gaming. In addition, the FDJ group recently renewed its support for the most vulnerable groups, with an exceptional program of €2m intended for young people particularly affected by the health crisis.”