GROUPE PARTOUCHE: Solid turnover for the first 9 months of the fiscal year: +2.1 % at € 327.3 M
September 10 2024 - 12:00PM
UK Regulatory
GROUPE PARTOUCHE: Solid turnover for the first 9 months of the
fiscal year: +2.1 % at € 327.3 M
Solid turnover for the first 9 months of
the fiscal year
+2.1 % at € 327.3 M
Paris, 10th September 2024, 06:00
p.m. Groupe Partouche European leader in gaming, publishes this day
its consolidated turnover for the 3rd quarter of fiscal
year 2024 (May - July 2024).
Satisfactory activity in the
3rd quarter despite a
gloomy context in France: € 106.8 M (+1.6%)
Growth in Gross Games Revenue (GGR) is
mainly driven by the international activity, in the third quarter
of 2024. The GGR increases by +0.4% to € 179.5 M, compared
to € 178.7 M a year earlier.
The generally gloomy and wait-and-see situation
in France at the beginning of the summer (elections, weather, etc.)
slightly weighs on attendance (-0.6%). Thus, the GGR stands at €
160.7 M (-0.5% compared to Y-1), marked by a decline in table games
(-6.8%), a growth in electronic games (+ 1.5%) and a stability in
the slot machines (-0.1%).
Abroad, the GGR increases by +9.4% compared to a
year earlier, at € 18.8 M, driven by the strong performance of
Swiss online games (+30.1% to € 5.5 M) and table games in general
(+33.9% to € 3.8 M, excluding Swiss online games) while the GGR of
slot machines falls by -6.3% to € 9.5 M.
Net Gaming Revenue (NGR)
increases by +0.2% at € 79.3 M excluding levies.
The non-gaming activity generates a turnover of
€ 28.2 M (+5.5%). The hotel activity increases by +7.8% to € 9.5 M
due to the integration in this division of the Pavillon La Rotonde
hotel in Lyon.
Globally, the
3rd quarter of 2024
turnover totals € 106.8 M, compared to € 105.1 M in 2023
(+1.6 %).
Aggregate turnover at the end of July up
by +2.1% at € 327.3 M
The 9-month aggregate turnover stands at € 327.3
M at the end of July 2024 (+2.1% compared to 2023), with
Net Games Revenue at € 259.0 M (+1.5%).
Upcoming events:
4th quarter 2024 Turnover: Tuesday
10th December 2024, after stock market closure
Income of the fiscal year at 31st
October 2024: Tuesday 28th January 2025, after stock
market closure
Groupe Partouche was established in 1973 and
has grown to become one of the market leaders in Europe in its
business sector. Listed on the stock exchange, it operates casinos,
a gaming club, hotels, restaurants, spas and golf courses. The
Group operates 41 casinos and employs nearly 3,900 people. It is
well known for innovating and testing the games of tomorrow, which
allows it to be confident about its future, while aiming to
strengthen its leading position and continue to enhance its
profitability. Groupe Partouche was floated on the stock exchange
in 1995, and is listed on Euronext Paris, Compartment B. ISIN:
FR0012612646 - Reuters PARP.PA - Bloomberg:
PARP:FP
ANNEX
1- Consolidated turnover aggregate 9 months per
quarter
| In
€M |
2024 |
2023 |
Variation |
| 1st
quarter (November to January) |
118.7 |
116.4 |
+2.0% |
| 2nd
quarter (February to April) |
101.9 |
99.2 |
+2.6% |
| 3rd
quarter (May to July) |
106.8 |
105.1 |
+1.6% |
| Total
consolidated turnover |
327.3 |
320.7 |
+2.1% |
2- Construction of the consolidated
turnover
2.1 – 3rd quarter
| In
€M |
2024 |
2023 |
Variation |
| Gross gaming
revenue (GGR) |
179.5 |
178.7 |
+0.4% |
| Levies |
-100.1 |
-99.5 |
+0.7% |
| Net gaming
revenue (NGR) |
79.3 |
79.2 |
+0.2% |
| Turnover
excluding NGR |
28.2 |
26.7 |
+5.5% |
| Fidelity
Programme |
-0.8 |
-0.9 |
-9.7% |
| Total
consolidated turnover |
106.8 |
105.1 |
+1.6% |
2.2 – Aggregate 9 months
| In
€M |
2024 |
2023 |
Variation |
| Gross gaming
revenue (GGR) |
526.4 |
519.7 |
+1.3% |
| Levies |
-267.4 |
-264.5 |
+1.1% |
| Net gaming
revenue (NGR) |
259.0 |
255.3 |
+1.5% |
| Turnover
excluding NGR |
70.6 |
68.1 |
+3.6% |
| Fidelity
Programme |
-2.2 |
-2.7 |
-17.5% |
| Total
consolidated turnover |
327.3 |
320.7 |
+2.1% |
3- Breakdown of turnover by division
3.1 – 3rd quarter
| In
€M |
2024 |
2023 |
Variation |
| Casinos * |
93.3 |
92.4 |
+1.0% |
| Hotels * |
9.5 |
8.8 |
+7.8% |
| Other |
3.9 |
3.9 |
+0.9% |
| Total
consolidated turnover |
106.8 |
105.1 |
+1.6% |
3.2 – Cumul 9 mois
| In
€M |
2024 |
2023 |
Variation |
| Casinos * |
297.1 |
292.3 |
+1.7% |
| Hotels * |
22.2 |
19.7 |
+12.7% |
| Other |
8.1 |
8.8 |
-8.1% |
| Total
consolidated turnover |
327.3 |
320.7 |
+2.1% |
* Since the 1st November 2023, the Pavillon la Rotonde hotel
at La-Tour-de-Salvagny casino has been integrated into the Hotels
division (previously Casinos).
4- Glossary
The "Gross Gaming Revenue" corresponds to the
sum of the various operated games, after deduction of the payment
of the winnings to the players. This amount is debited of the
"levies" (i.e. tax to the State, the city halls, CSG, CRDS).
The «Gross Gaming Revenue» after deduction of
the levies, becomes the "Net Gaming Revenue ", a component of the
turnover.
Groupe Partouche (EU:PARP)
Historical Stock Chart
From Oct 2024 to Nov 2024
Groupe Partouche (EU:PARP)
Historical Stock Chart
From Nov 2023 to Nov 2024
