GROUPE PARTOUCHE: Sustained growth in activity over the first 9 months of the financial year

Sustained growth in activity over the first 9 months of the financial year

Turnover 3rd quarter: +4.1 % at € 105.1 M
Turnover aggregate 9 months: +11.3 % at € 320.7 M

Paris, 12^th September 2023, 6:00 p.m. Groupe Partouche, European leader in gaming, publishes this day its consolidated turnover for the 3^rd quarter of fiscal year 2023 (May to July 2023).

Sustained activity at 3^rd quarter

In a normalized operating context, the Gross Gaming Revenue (GGR) increases by +6.5% to € 178.7 M during the 3^rd quarter 2023, compared to € 167.9 M a year earlier.

In France, the GGR benefits from an increase in attendance of +4.8% and stands at € 161.5 M, up by +5.6% compared to N-1, slot machines and table games increasing by +5.3% and +6.8% respectively. The GGR of electronic games follows a more sustained trend at +9.8%.

Abroad, the GGR records an increase of +15.1% compared to N-1, to € 17.2 M. The GGR of Swiss online gaming shows a very good performance (+47.8% to € 4.2 M). Furthermore, the 3^rd quarter 2023 includes 3 full months of activity for the Middelkerke casino, i.e. a GGR of € 1.1 M, compared to only 23 days in N-1, i.e. a GGR of € 0.2 M, the casino operations having started on 1^st July 2022.

After levies, the Net Gaming Revenue (NGR) improves by +5.6% à € 79.2 M

The hotels activity increases by +6.5% at € 8.8 M due to the good performance of the Aquabella Hotel at Aix-en-Provence and of Forges-les-Eaux hotels.

Globally, the 3^rd quarter 2023 turnover reaches € 105.1 M, compared to € 100.9 M in 2022 (+4.1%)

Aggregate turnover end of July up by +11.3 % at € 320.7 M

At the end of July 2023, after taking into account the scope effects¹ over the period, the aggregated 9-month turnover stands at € 320.7 M (+11.3% compared to 2022), with the Net Gaming Revenue at € 255.3 M (+11.8%).

Upcoming events:

Turnover 4^th quarter 2023: Tuesday 12^th December 2023, after stock market closure

Income fiscal year at 31^st October 2023: Tuesday 30^th January 2024, after stock market closure

Groupe Partouche was established in 1973 and has grown to become one of the market leaders in Europe in its business sector. Listed on the stock exchange, it operates casinos, a gaming club, hotels, restaurants, spas and golf courses. The Group operates 41 casinos and employs nearly 3,900 people. It is well known for innovating and testing the games of tomorrow, which allows it to be confident about its future, while aiming to strengthen its leading position and continue to enhance its profitability. Groupe Partouche was floated on the stock exchange in 1995, and is listed on Euronext Paris, Compartment. ISIN B: FR0012612646 – Reuters: PARP.PA - Bloomberg: PARP:FP

ANNEX

1- Consolidated turnover aggregate 9 months per quarter

In €M	2023	2022	Variation
1st quarter (Nov. to Jan.)	116.4	98.1	+18.6%
2nd quarter (Feb. to Apr.)	99.2	89.1	+11.4%
3rd quarter (May to Jul.)	105.1	100.9	+4.1%
Total consolidated turnover	320.7	288.1	+11.3%

2- Construction of the consolidated turnover

2.1 – 3^rd quarter

In €M	2023	2022	Variation
Gross Gaming Revenue (GGR)	178.7	167.9	+6.5%
Levies	-99.5	-92.8	+7.2%
Net Gaming Revenue (NGR)	79.2	75.0	+5.6%
Turnover excluding NGR	26.7	26.9	-0.5%
Fidelity Programme	-0.9	-1.0	-11.8%
Total consolidated turnover	105.1	100.9	+4.1%

2.2 – Aggregate 9 months

In €M	2023	2022	Variation
Gross Gaming Revenue (GGR)	519.7	457.8	+13.5%
Levies	-264.5	-229.5	+15.3%
Net Gaming Revenue (NGR)	255.3	228.4	+11.8%
Turnover excluding NGR	68.1	62.1	+9.7%
Fidelity Programme	-2.7	-2.4	+13.6%
Total consolidated turnover	320.7	288.1	+11.3%

3- Breakdown of turnover by activity

3.1 – 3^rd quarter

In M€	2023	2022	Variation
Casinos	92.4	87.8	+5.2%
Hotels	8.8	8.3	+6.5%
Other	3.9	4.9	-19.9%
Total consolidated turnover	105.1	100.9	+4.1%

3.2 – Aggregate 9 months

In M€	2023	2022	Variation
Casinos	292.3	261.3	+11.9%
Hotels	19.7	17.2	+14.0%
Other	8.8	9.6	-8.6%
Total consolidated turnover	320.7	288.1	+11.3%

4- Glossay

The "Gross Gaming Revenue" corresponds to the sum of the various operated games, after deduction of the payment of the winnings to the players. This amount is debited of the "levies" (i.e. tax to the State, the city halls, CSG, CRDS).

The «Gross Gaming Revenue» after deduction of the levies, becomes the "Net Gaming Revenue ", a component of the turnover.

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1 The entry into the Group of the Middelkerke casino (Belgium) from 1s^t of July 2022 for an opening on 8^th of July after some works, sale of the stake held in the Crans-Montana casino (Switzerland) on 31s^t of January 2022 and the end of the concession of the restaurant « Le Laurent » as from 7^th March 2022.

Attachment

• Turnover - Q3 2023