Solid half-year Income
Turnover: € 240.4 M (+3.0 %)
EBITDA: € 48.3M compared to € 55.3 M in N-1 (and € 43,1 M adjusted from the previous year liabilities reduction)
Net income: € 7.2 M compared to € 12.6 M in N-1
Financial situation: gearing 0.5x and leverage 2.9x
Paris, 30th June 2026, 06:00 p.m. During its meeting held today and after having reviewed the management report of Groupe Partouche Executive Board, the Supervisory Board examined the audited accounts of the 1st half-year 2025-2026 (November 2025 to April 2026).
Strong business momentum
The Gross Gaming Revenue (GGR) rises by 2.6% to € 371.1 M and the turnover increases by 3.0% to € 240.4 M.
The Group's EBITDA amounted to € 48.3 M (representing 20.1% of turnover), compared with € 55.3 M (23.7 % of turnover) in the first half of 2025. The current operating income (COI) reached € 18.2 M compared with € 24.3 M in the first half of 2025 (-25.0%).
For the record, in the first half of 2025, these two aggregates benefited from a reduction in the Group's social liabilities (€ 12.2 M non cash impact), related to a period of caution maintained since the COVID-19 health crisis. Adjusted for this effect, EBITDA rose by € 5.2 M (+12.1 %) and COI by € 6.1 M (+50.9 %) compared to the previous year.
The casino sector's current operating income (COI) stands at € 30.2 M, compared with € 30.8 M in the first half of 2025. However, when the 1st HY 2025 figure is adjusted to exclude the liability reduction mentioned earlier, it shows an increase of +€ 8.6 M, or +39.8 %. The following strong performances should particularly be noted (figures adjusted for the prior-year liability reduction):
Casinos in Divonne, La Tour-de-Salvagny and Annemasse (+ € 1.8 M) attesting to the relevance of the work carried out in 2024;
Cannes Royal Palm (+ € 1.2 M) which fully benefits from the restructuring carried out;
Casino Middelkerke in Belgium (excluding online gaming) (+ € 0.9 M) thanks to the significant streamlining efforts carried out in the second half of 2025;
Casino Cotonou in Benin (+ € 0.7 M) opened since 28th January 2025, and profitable from the first year;
Online gaming in Meyrin (Switzerland) (+ € 2.0 M) while those in Middelkerke (Belgium) are stable.
Conversely, the current operating income (COI) of the Paris club (- € 0.6 M) reflects increased expenses in anticipation of its relocation to Avenue de La Grande Armée which took place at the beginning of May (after the half-year closing), while the figure for the Berck casino reflects the end of its operations on 31st December 2025.