GROUPE PARTOUCHE CONTINUATION OF GROWTH IN THE BUSINESS
Paris, 10thJune 2015
1stHALF OF FINANCIAL YEAR 2015 (like-for-like basis) GROSS GAMING REVENUE : +1,9% TURNOVER : +3,7%
The Pick-up in the business of Groupe Partouche shown since mid-2014 has been confirmed for the second quarter by the increase of Gross gaming revenue (GGR) and Net gaming revenue (NGR) on a like-for-like basis.
For the 1sthalf of the financial year (November 2014 - April 2015, comments and data on a like-for-like basis - please refer to tables shown in the appendix) the turnover reached 205.1 €M, up by 3.7%.
Beyond the satisfactory progress of the GGR (+ 1.9% for the 1st half year) mainly due to the success of the electronic
English Roulette, the turnover excluding gaming is up by 1.3% for the second quarter of 2015. Groupe Partouche turnover for Q2 2015 reached 97 €M, up by 4.1%.
Based on these considerations and due to the divestment of establishments with minor gains, the consolidated
EBITDA of Groupe Partouche during the 1sthalf-year improved appreciably.
The results of Groupe Partouche for the 1sthalf-year will be issued on Wednesday 24thof June in the evening.
Created in 1973, Groupe Partouche is a European leader in the gaming business. With 46 establishments mainly in France and 4450 employees, it registered a turnover of 410 €M for 2014, 90% of which are generated by the casinos, with a margin EBITDA approaching 17%. Totally dedicated to its business : gaming, its strategy based on innovation and attractive establishments, allows the Group to look to the future with great confidence, aiming to the strengthening of its leadership and the continuation of its operating profitability.
Listed on the Stock Exchange in 1995, Groupe Partouche shares are traded on compartment C of Euronext Paris. ISIN : FR0000053548 - Reuters : PARP.PA - Bloomberg : PARP:FP
FINANCIAL INFORMATION
Groupe Partouche Phone : 01.47.64.33.45 - Fax : 01.47.64.19.20
Alain Cens, Chief Financial Officerinfo-finance@partouche.com
BUSINESS ACTIVITY IN FIGURES
1- Consolidated Turnover (including removals from the scope of consolidation)
In €M | 2014 | 2013 | Variation |
First Quarter | 109,2 | 111,3 | -1,8% |
Second Quarter | 97,0 | 96,4 | 0,6% |
Total consolidated turnover | 206,2 | 207,7 | -0,7% |
2-Business on a like-for-like basis
The business must be analysed taking into account the changes in the scope following the divestments carried out in
2014 as the casinos of Knokke, Dinant and Hauteville, as well as the Hilton Hotel in Lyon; and the sale in 2015 of the casino of Chaudfontaine. These companies are partially included in the accounts of both financial years. The following tables show the developments on a like-for-like basis.
Changes in the regulations concerning levies during the period, explain the increase in Net Gaming Revenue (NGR) higher than the increase in GGR. It should be noted that the application of the postponed changes will have a negative impact of - 1.7 €M on the NGR during the 2ndhalf-year.
2.1 2ndQuarter business activity on a like-for-like basis
In €M | Q2-2015 | Companies sold | Q2-2015 Net of Companies sold | Q2-2014 | Companies sold | Q2-2014 Net of companies sold | % Change net of companies sold |
GGR | 151,9 | - | 151,9 | 151,2 | 1,0 | 150,2 | 1,1% |
Levies | (74,8) | - | (74,8) | (77,0) | (0,3) | (76,7) | -2,4% |
NGR | 77,1 | - | 77,1 | 74,2 | 0,7 | 73,5 | 4,9% |
Turnover excluding NGR | 19,9 | 0,0 | 19,9 | 22,2 | 2,6 | 19,7 | 1,3% |
Total Turnover | 97,0 | 0,0 | 97,0 | 96,4 | 3,3 | 93,2 | 4,1% |
2.2 Aggregate of business activity on a like-for-like basis
1 H-Year
1 H-Year
3-Breakdown of turnover by division (on a like-for-like basis)
3.1-Breakdown of turnover by division - 2ndquarter (on a like-for-like basis)
in €M | Q2-2015 | Companies sold | Q2-2015 net of companies sold | Q2-2014 | Companies sold | Q2-2014 net of companies sold | % Change net of companies sold |
Casinos | 91,0 | - | 91,0 | 88,0 | 0,8 | 87,2 | 4,4% |
Hotels | 3,2 | 0,0 | 3,1 | 5,6 | 2,5 | 3,1 | 0,5% |
Other | 2,8 | - | 2,8 | 2,8 | - | 2,8 | 0,5% |
Total consolidated turnover | 97,0 | 0,0 | 97,0 | 96,4 | 3,3 | 93,2 | 4,1% |
3.2-Breakdown of aggregate turnover by division - 2ndquarter (on a like-for-like basis)
1 H-Year
1 H-Year
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