on SOCIETE FRANCAISE DE CASINOS (EPA:SFCA)
2023-2024 Half-Year Results of Société Française de Casinos
The Board of Directors of Société Française de Casinos (SFC) approved the consolidated accounts for the first half of 2023-2024. These accounts, reviewed by the auditors, show notable growth despite an unfavorable economic context.
Gross turnover reached €11.0 million, up 4.9% compared to the same period the previous year. This growth is attributed in particular to the success of the Port la Nouvelle Casino after its reconceptualization.
EBITDA amounted to €1.6 million, an increase of 14.2%, indicating good cost control. The net result stands at €0.9 million, compared to €0.8 million in the first half of 2022-2023. The Group's equity increases to €12.2 million.
The Group records net cash flow of €2.4 million, excluding IFRS 16. The positive free cash flow of €0.9 million allows it to continue repaying financial debts. The renewal of the DSP for the Collioure casino until 2039 ensures long-term stability.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all SOCIETE FRANCAISE DE CASINOS news