La Francaise Des Jeux (LFDJF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

to our annual results presentation for 2025 and outlook for FDT United group. So before handing to Pascal to detail the financial results, as we always do it together, I will start by commenting on the key events of 2025. first year of Kindred's integration into our results. And I will then, of course, come back to present our outlook and we'll conclude and follow with Q&A. So just to say where we are today and what we are. So we are FTJ United, a group with a unique profile, with solid assets and a strong business model and this illustrates this statement. So in 2025, the group generated a growth planning revenue of 8.7 million, a revenue of 3.7 million and current EBITDA of 902 million, representing a margin of 24.5%. FDG United has developed over the year a unique profile based on solid assets and a robust business model and this is what I want to illustrate briefly through those numbers. We detail assets in all gaming activities and distribution channels. We are present in most European markets and of course very strong in France where we generate more than three quarters of our revenue. We combine point-of-sale activities with digital activities and we believe in this combination. Our online activity now represents a third of our revenue and this was part of our strategic goals and we generate solid financial results enabling us to finance our investment and to offer a good return to our shoulders as is our promise. So, as you know, this was achieved through a deep transformation over the last years. I won't come back to the different steps that we went through. It was, of course, it started with the IPO of FDG United in 2019. And we have now become a true champion of online lottery, betting and gaming in Europe. This result was of course primarily achieved thro...