Home BlogFDJ Reports €2.26 Billion Revenue in 2021 with 10.1% Increase from 2019

FDJ Reports €2.26 Billion Revenue in 2021 with 10.1% Increase from 2019

by Sienna Marques
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FDJ's revenue reached €2.26 billion in 2021, reflecting a 10.1% increase from 2019’s figures, pre-Covid-19. Of this total, €1.73 billion came from lottery operations, an increase from €1.50 billion in 2020. Sports betting generated €464 million, marking a significant 24.7% rise from the previous year.

During the year, customers staked a total of €18.98 billion, a 10.8% increase compared to 2020 figures. Within this, €14.73 billion was staked on lottery games, which included €8.98 billion on instant lottery and €5.74 billion on draw games. Sports betting accounted for €4.22 billion of the total stake.

The company's marketing and communication expenses amounted to €414.7 million, while general administrative costs reached €199.4 million. Additional expenses totaled €16.3 million. Operating income for 2021 rose to €391.8 million, compared to €292.7 million in 2020. Financial debt and other costs were listed at €7.1 million, while profits from other financial instruments and joint ventures contributed €32 million to income.

Pre-tax profits were recorded at €416.6 million, and net profits, after a €122.5 million income tax, totaled €294.2 million, up 37.7% from the previous year. EBITDA for 2021 stood at €522 million, an increase from €427 million in 2020.

Stéphane Pallez, chairman and CEO of the FDJ group, stated that 2021 marked a return to the company's pre-crisis growth trajectory across all activities, with results significantly better than in 2019 due to accelerated digital initiatives and an expanded network of sales points. He expressed confidence in the strategy and noted plans to revise growth and EBITDA margin objectives for 2025, aligned with societal commitments that have strengthened since the onset of the health crisis.

In 2021, FDJ entered an agreement with Plug and Play Retail, a retail and e-commerce investment firm, and also became a sponsor for the women’s Tour de France. Additionally, the company faced scrutiny from the European Commission due to concerns that its privatization process violated EU regulations.

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