Fdj United Proposed Dividend Increase To EUR 2.10

Reuters02-19
Feb 19 (Reuters) - FDJ United ::
*FDJ UNITED - PROPOSED DIVIDEND INCREASE TO EUR 2.10
*FDJ UNITED - FY RECURRING EBITDA OF EUR 902M AND A MARGIN OF 24.5%, IN LINE WITH TARGETS
*FDJ UNITED - ONE YEAR AHEAD OF SCHEDULE IN IMPLEMENTING MULTI-YEAR PERFORMANCE PLAN WITH END-2028 TARGET RAISED FROM OVER EUR 120 M TO OVER EUR 150M
*FDJ UNITED - OVER 2026-2028 PERIOD AND ON A CONSTANT TAX BASIS, FDJ UNITED NOW EXPECTS A GRADUAL ACCELERATION IN GROWTH OF ITS REVENUE, WHICH WOULD BE AROUND +5% IN 2028
*FDJ UNITED - CONFIRMS TARGET OF RECURRING EBITDA MARGIN OF OVER 26% IN 2028
*FDJ UNITED - FY REVENUE EUR 3.68 BILLION
*FDJ UNITED - FY NET INCOME EUR 176 MILLION
*FDJ UNITED - IN 2026, FDJ UNITED IS AIMING FOR SLIGHT GROWTH IN REVENUE, WITH A STABLE RECURRING EBITDA MARGIN OF 24.5%, BASED ON AN INCREASE IN GGR AND AFFECTED BY ADDITIONAL GAMING TAXES OF NEARLY EUR 90M
*FDJ UNITED - OUTLOOK 2026: GGR AND REVENUE GROWTH IS EXPECTED TO BE MORE PRONOUNCED IN SECOND HALF OF YEAR
*FDJ UNITED - IMPACT OF TAX INCREASES ON BETTING AND GAMING WAS OVER EUR 50 MILLION IN 2025, REFLECTING INCREASES IN FRANCE, NETHERLANDS AND ROMANIA
*FDJ UNITED - OUTLOOK 2026: EXPECTS TO REDUCE ITS NET FINANCIAL DEBT BY AROUND EUR 100 MILLION, ENABLING A DECREASE IN LEVERAGE RATIO
*FDJ UNITED - IMPACT IS EXPECTED TO BE CLOSE TO EUR 90 MILLION IN 2026, REFLECTING NEW TAXES IN UNITED KINGDOM AND NETHERLANDS

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 19-FEB-202606:00:00.21 GMT
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