Fdj United · EURONEXT:FDJU
Fdj United — FDJ — Q3 2020 Earnings Presentation
8 slides from Fdj United's earnings presentation, November 2020
Slide 1: Investor presentation 2020: Q3 & FY outlook
Investor presentation 2020: Q3 & FY outlook
Slide 2: Forward-looking statements
Forward-looking statements This document may contain certain forward-looking statements which are based on estimations and forecasts. By their nature, these forward-looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular
Slide 3: Key highlights
Key highlights Good momentum confirmed: Q3 stakes up +6 % Sports betting: strong growth of +27% mostly due to the postponement of Q2 competitions over the summer Lottery: resumption of a normal marketing schedule coming out of lockdown – strong Q3 2019 comps Stakes up across all distribution c
Slide 4: Q3 & 9M 2020: key figures
Q3 & 9M 2020: key figures Player Stakes Revenue €4.4bn payout €505m Q3 69.3% +6.1% +0.5% +200 bp +1.2% for lottery +27.2% for sports betting +1.4% for lottery - 5.4% for sports betting +3.4% at points of sale Stakes Player Revenue 9M €11.3bn payout €1.4m -10.4% 68.1% -9.7% - 10 bp 4 2019 data adjust
Slide 5: Q3 2020 stakes: €4.4bn, +6.1%
Q3 2020 stakes: €4.4bn, +6.1% 12.6 11.3 2.6 Lottery: +1.2 % 2.1 - Draw games: -0.2 % - Instant games: +2.1 % - Online: +42.2% Sports betting: +27.2 % 4.4 4.1 4.1 4.2 4.4 10.0 9.2 1.0 0.8 0.9 0.8 1.0 2.7 Offline: +3.4 % 0.3 3,4 3.3 3.2 3.4 3.4 Online: +43.8 % 2.4 Q1 Q1 Q2 Q2 Q3 Q3 9M 9M 2019 2020 201
Slide 6: Q3 2020 player payout: 69.3%
Q3 2020 player payout: 69.3 % 69.3% 69.0% 68.2% 68.3% 68.1% 67.5% 67.3% 67.1% Q1 Q2 Q3 9M 2019 2020 6 2019 data adjusted for new fiscal regime and Sporting Group acquisition on a full-year basis
Slide 7: Q3 2020 revenue: €0.5bn, +0.2%
Q3 2020 revenue: €0.5bn, +0.2% 1.5 1.3 0.3 0.2 0.5 0.5 0.5 0.5 0.5 1.2 1.1 0.1 0.1 0.1 0.1 0.1 0.3 0.0 0.4 0.4 0.4 0.4 0.4 0.3 Q1 Q1 Q2 Q2 Q3 Q3 9M 9M 2019 2020 2019 2020 2019 2020 2019 2020 Lottery Sports betting ABU 7 2019 data adjusted for new fiscal regime and Sporting Group acquisition on a ful
Slide 8: 2020 outlook: key figures
2020 outlook: key figures Stakes Revenue EBITDA c.€16bn c.€1.9bn margin c.-6% c.-7% c.21% >€80m* cost reduction plan completed EBITDA to free cash flow conversion > 80 % 2019 data adjusted for new fiscal regime and Sporting Group acquisition on a full-year basis EBITDA: recurring operating profit be