France's Groupe Partouche net income drops on non-current operating loss

Groupe Partouche SA

30/06/2026 17:16

Overview
EBITDA fell 13% yr/yr to €48.3 mln, impacted by prior-year liability reduction
Net income declined to €7.2 mln from €12.6 mln a year earlier
France casino operator's fiscal H1 turnover rose 3% yr/yr to €240.4 mln

Outlook
Company did not provide specific guidance or forecasts for the current or future periods

Result Drivers
CASINO PERFORMANCE - Adjusted operating income rose at several casinos, including Divonne, La Tour-de-Salvagny, Annemasse, Cannes Royal Palm, Middelkerke (Belgium), and Cotonou (Benin), driven by restructuring and streamlining efforts
EMPLOYEE COSTS - Employee expenses increased due to new hiring for the Paris Gaming Club, full-period staffing at Cannes, and new wage agreements
PARIS CLUB RELOCATION - Increased expenses at the Paris club ahead of its relocation weighed on operating income
NET INCOME - Decreased as a result of a non-current operating loss, resulting from a divestment; an increase of the  cost of financial debt and an income tax expense of € 3.8 M, compared to € 6.7 M in 1HY 2025

Company press release: ID:nGNEbyYt0Z

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
 
EUR 7.20 mln
 
H1 EBITDA
 
EUR 48.30 mln
 

Analyst Coverage
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)