Report
Johanna Jourdain

La Française des Jeux : Feedback from Paris roadshow: confident message on business, EC decision and results of offer for Kindred as the next catalysts

>Positive messages on business over the summer, notably for sports betting - We organised a roadshow in Paris with FDJ (CEO/CFO/HIR). Overall, the message on recent trends is positive, with good business levels seen over the summer, underpinned by sports betting (end of the Euro football tournament in July, Olympics in August). In particular, FDJ saw a good level of sports betting for the Paris Olympics, but the contribution from the event at the group level is still ...
Underlying
La Francaise des Jeux SA

La Francaise des Jeux is a France-based semi-public company that operates lottery and online games. The Company operates under the commercial brand name, FDJ, and provides scratch games, sports betting and draw games via a network of 35,800 points of sale (as of December 31, 2010), including LOTO points of sale, tobacconists and newsagents. The Company's scratch games include 1, 2 and 3 euros games; sports betting include the brand names, ParionsSport and ParionsWeb; and draw-based games include LOTO, Euro Millions, Rapido, Keno and others. The Company is also active in the online poker market with the website Barrierepoker.fr, which is jointly-owned with Groupe Lucien Barriere. The Company owns various subsidiaries, including Pacifique des Jeux and FDJ Developpement for the distribution in French overseas territory; Societe de Gestion de l'Echappee, which manages the Company-sponsored professional cycling team; Francaise de Motivation, Francaise d'Images, Lotsys and LVS.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Johanna Jourdain

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