FDJ United (LFDJF)
| Market Cap | 4.91B -25.7% |
| Revenue (ttm) | 4.32B +20.0% |
| Net Income | 206.53M -55.9% |
| EPS | 1.12 -56.0% |
| Shares Out | n/a |
| PE Ratio | 23.78 |
| Forward PE | 9.92 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,693 |
| Average Volume | 673 |
| Open | 28.02 |
| Previous Close | 26.21 |
| Day's Range | 26.21 - 29.55 |
| 52-Week Range | 25.68 - 37.59 |
| Beta | 0.62 |
| RSI | 39.21 |
| Earnings Date | Jul 29, 2026 |
About FDJ United
FDJ United engages in the gambling operation and distribution business in France and internationally. The company operates through Lottery and Sports Betting; Online Betting and Gaming; International Lottery; and Payment and Services segments. It offers prize draws, such as Loto and Euromillions, as well as Illiko instant games; online offer (open to competition), including sports betting and horse-race betting, poker and casino games; and payment and collection service through a network of point–of–sale registered as agents. The company also p... [Read more]
Financial Performance
In 2025, FDJ United's revenue was 3.68 billion, an increase of 19.98% compared to the previous year's 3.07 billion. Earnings were 175.90 million, a decrease of -55.89%.
Financial numbers in EUR Financial StatementsNews
FDJ United price target lowered to EUR 24 from EUR 26 at Citi
Citi lowered the firm’s price target on FDJ United (LFDJF) to EUR 24 from EUR 26 and keeps a Neutral rating on the shares.
FDJ United price target lowered to EUR 20 from EUR 22 at JPMorgan
JPMorgan lowered the firm’s price target on FDJ United (LFDJF) to EUR 20 from EUR 22 and keeps an Underweight rating on the shares.
FDJ United price target lowered to EUR 26 from EUR 29.50 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on FDJ United (LFDJF) to EUR 26 from EUR 29.50 and keeps an Equal Weight rating on the shares.
FDJ United downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Richard Stuber downgraded FDJ United (LFDJF) to Hold from Buy with a EUR 27.50 price target
FDJ United Earnings Call Transcript: Q1 2026
Q1 2026 saw a 1% GGR increase but a 3% revenue decline due to tax hikes, with lottery and sports betting facing temporary headwinds and OBG impacted by UK and Netherlands challenges. Full-year guidance targets slight GGR growth, stable margins, and a return to OBG growth in H2.
FDJ United price target raised to EUR 29.50 from EUR 29 at Morgan Stanley
Morgan Stanley analyst Ed Young raised the firm’s price target on FDJ United (LFDJF) to EUR 29.50 from EUR 29 and keeps an Equal Weight rating on the shares. Published
FDJ United price target lowered to EUR 22 from EUR 22.50 at JPMorgan
JPMorgan analyst Estelle Weingrod lowered the firm’s price target on FDJ United (LFDJF) to EUR 22 from EUR 22.50 and keeps an Underweight rating on the shares. Published first on
FDJ United price target lowered to EUR 26 from EUR 27.50 at Citi
Citi lowered the firm’s price target on FDJ United (LFDJF) to EUR 26 from EUR 27.50 and keeps a Neutral rating on the shares.
FDJ United Earnings Call Transcript: H2 2025
Gross gaming revenue rose to EUR 8.7B and EBITDA margin reached 24.5%, despite significant tax headwinds and regulatory challenges. Cost savings exceeded targets, digital and retail channels expanded, and the dividend will increase to EUR 2.10 per share.
FDJ United downgraded to Underweight from Overweight at JPMorgan
JPMorgan downgraded FDJ United (LFDJF) to Underweight from Overweight with a price target of EUR 22.50, down from EUR 42. The firm adjusted European leisure ratings as part of a
FDJ United price target lowered to EUR 42 from EUR 43 at JPMorgan
JPMorgan lowered the firm’s price target on FDJ United (LFDJF) to EUR 42 from EUR 43 and keeps an Overweight rating on the shares.
FDJ United price target lowered to EUR 27.50 from EUR 30 at Citi
Citi lowered the firm’s price target on FDJ United (LFDJF) to EUR 27.50 from EUR 30 and keeps a Neutral rating on the shares.
FDJ United price target lowered to EUR 31.80 from EUR 36 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on FDJ United (LFDJF) to EUR 31.80 from EUR 36 and keeps a Buy rating on the shares.
FDJ United Earnings Call Transcript: Q3 2025
Q3 revenue grew 29% year-over-year on a reported basis but was flat at constant gaming taxes, with nine-month revenue down 2% due to tax and regulatory impacts. Full-year 2025 revenue is expected above EUR 3.7 billion, recurring EBITDA at EUR 900 million, and cost savings to exceed EUR 30 million.
FDJ United downgraded to Neutral from Buy at Rothschild & Co Redburn
Rothschild & Co Redburn analyst Andrew Tam downgraded FDJ United (LFDJF) to Neutral from Buy with a EUR 31 price target
FDJ United price target lowered to EUR 30 from EUR 36.50 at Citi
Citi lowered the firm’s price target on FDJ United (LFDJF) to EUR 30 from EUR 36.50 and keeps a Neutral rating on the shares.
FDJ United Earnings Call Transcript: H1 2025
H1 2025 saw revenue of nearly EUR 1.9 billion, with strong lottery and iLottery growth offset by regulatory headwinds in online betting. Integration of Kindred and cost initiatives are on track, and full-year guidance is reiterated with confidence in H2 recovery.
FDJ United price target raised to EUR 43 from EUR 42 at JPMorgan
JPMorgan raised the firm’s price target on FDJ United (LFDJF) to EUR 43 from EUR 42 and keeps an Overweight rating on the shares.
FDJ United Transcript: CMD 2025
The group targets 5% organic revenue CAGR and recurring EBITDA margin above 26% by 2028, driven by digital transformation, international expansion, and cost efficiencies. Strategic focus includes omnichannel growth, AI-driven innovation, and strong sustainability commitments.
FDJ United initiated with an Overweight at JPMorgan
JPMorgan initiated coverage of FDJ United (LFDJF) with an Overweight rating and EUR 42 price target The company operates a “defensive, asset-light retail business model” through exclusivity and the st...
FDJ United Earnings Call Transcript: Q1 2025
Q1 2025 revenue rose 30% year-on-year, driven by strong French lottery and retail sports betting, while online betting and gaming declined due to regulatory headwinds in the Netherlands and UK. Dividend per share is up 15%, and guidance remains on track for the year.
FDJ United resumed with an Equal Weight at Morgan Stanley
Morgan Stanley resumed coverage of FDJ United (LFDJF) with an Equal Weight rating and EUR 34 price target The rise of lottery duties in France shows that the terms of
FDJ United Earnings Call Transcript: Q4 2024
2024 saw strong growth and transformation with the Kindred acquisition, boosting international and digital presence. Despite tax and regulatory headwinds expected in 2025, mitigation plans and synergies are set to offset impacts, supporting stable revenue and robust cash flow.
FDJ United Earnings Call Transcript: Q3 2024
Revenue grew 12% to EUR 2,097 million, with online up 39% and guidance raised to 9% growth and 25% EBITDA margin. Kindred acquisition boosts combined growth prospects, while regulatory and tax risks are being managed.
FDJ United Earnings Call Transcript: Q2 2024
H1 2024 saw double-digit revenue growth, strong digital expansion, and a 28% rise in adjusted net income. The Kindred acquisition is on track, and full-year guidance is reiterated, with margins expected to normalize in H2 as sports betting returns to average levels.