Yahoo Finance GROUPE PARTOUCHE : PARTOUCHE STRENGHTHEN ITS GROWTH
YEAR 2016 (END OF OCTOBER 2016 - like-for-like basis) :
PARTOUCHE STRENGHTHEN ITS GROWTH
· GGR UP BY 3,2%
· TURNOVER 405,2 M€, UP BY 2,0%
Paris, 14 December 2016 - Groupe Partouche (ISIN : FR0000053548 - Mnémo PARP), a European leader in the gaming business, publishes today its turnover for the financial year 2016 (as at 31st October 2016).
GGR GROWTH FOR THE 5th CONSECUTIVE HALF-YEAR (on a like-for-like scope of consolidation)
Second half-year 2016 shows an increase in the GGR of 1,6%, despite a 4th quarter partially impacted by a difficult month of August. However, the trend in activity, particularly in the slot machines segment, remained strong in September and October. The Group thus recorded a growth in GGR for the fifth consecutive half-year.
Groupe Partouche recorded a 3.2% increase in its GGR, for the full year 2016, ended 31st October,
The annual consolidated turnover of Groupe Partouche reached €405,2M, up by 2%
The activity of 2016 is also marked by:
in France, an increase in attendance of 1,2 % and of the average basket for 1,9 % ;
a confirmed growth in GGR both for table games (+11,2% compared with +8,3% in 2015) and for slot machines (+1,5% compared with +0,7% in 2015) ;
The Grand Café casino benefits from a very satisfactory transfer of activity, following the closure Casino Les 4 Chemins, and thus the restructuring of the Vichy zone.
Upcoming event:
The figures of financial year 2016 will be published on 31st January, after the stock market close
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, hotels, restaurants, spas and golf courses. The Group operates 43 casinos and employs nearly 4,500 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 B. ISIN : FR0000053548 - Reuters : PARP.PA - Bloomberg : PARP:FP
FINANCIAL INFORMATION
Groupe Partouche Phone : 01.47.64.33.45 - Fax : 01.47.64.19.20
Alain Cens, Chief Financial Officer info-finance@partouche.com
ANNEX : BUSINESS ACTIVITY
Consolidated turnover (including removals from the scope of consolidation)
In M€ | 2016 | 2015 | Variation |
1ST quarter | 112,1 | 109,2 | 2,6% |
2nd quarter | 98,3 | 97,0 | 1,3% |
3rd quarter | 98,1 | 93,5 | 5,0% |
4th quarter | 96,7 | 100,6 | -3,9% |
Total consolidated turnover | 405,2 | 400,3 | 1,2% |
Business Activity on a like-for-like basis
Business activity must be analyzed taking into account the changes in 2015 scope of consolidation, following the divestment of the casino of Chaudfontaine and the Garden Beach hotel at Juan-les-Pins on the one side and the closing of the casino at La Trinité-sur-Mer on the other side. The following tables show developments on a like-for-like basis.
2.1 4th quarter business activity on a like-for-like
Q4 in €M | Q4-2016 | Neutralised companies | Q4-2016 | Q4-2015 | Neutralised companies | Q4-2015 | % change |
GGR | 164,0 | - | 164,0 | 165,0 | 0,0 | 165,0 | -0,6% |
Levies | (90,1) | - | (90,1) | (87,9) | 0,0 | (87,9) | 2,5% |
NGR | 73,9 | - | 73,9 | 77,1 | 0,0 | 77,1 | -4,2% |
Turnover excl. NGR | 22,9 | 0,0 | 22,9 | 23,5 | 0,1 | 23,4 | -2,5% |
Total Turnover | 96,7 | 0,0 | 96,7 | 100,6 | 0,1 | 100,6 | -3,8% |
2.2 Cumulative activity on a like-for-like
At 31st October, in €M | 12 months 2016 | Neutralised companies | 12m-2016 net of neutralised companies | 12 months 2015 | Neutralised companies | 12m-2015 net of neutralised companies | % change |
GGR | 635,8 | - | 635,8 | 619,1 | 2,8 | 616,2 | 3,2% |
Levies | (318,5) | - | (318,5) | (307,7) | (1,0) | (306,7) | 3,9% |
NGR | 317,2 | - | 317,2 | 311,4 | 1,9 | 309,5 | 2,5% |
Turnover excl. NGR | 88,0 | 0,0 | 87,9 | 89,0 | 1,3 | 87,7 | 0,3% |
Total turnover | 405,2 | 0,0 | 405,2 | 400,3 | 3,1 | 397,2 | 2,0% |
Breakdown of turnover by divisions
3.1-Breakdown of 4th quarter turnover by divisions (like-for-like)
Q4 in €M | Q4-2016 | Neutralised companies | Q4-2016 net of neutralised companies | Q4-2015 | Neutralised companies | Q4-2015 net of neutralised companies | % change |
Casinos | 90,2 | 0,0 | 90,1 | 93,6 | 0,1 | 93,5 | -3,6% |
Hotels | 3,8 | - | 3,8 | 4,2 | - | 4,2 | -10,3% |
Other | 2,8 | - | 2,8 | 2,9 | - | 2,9 | -1,3% |
Total consolidated turnover | 96,7 | 0,0 | 96,7 | 100,6 | 0,1 | 100,6 | -3,8% |
3.2-Breakdown of cumulative turnover by division (like-for-like)
At 31st October | 12 months 2016 | Neutralised companies | 12m-2016 net of neutralised companies | 12 months | Neutralised companies | 12m-2015 Neutralised companies | % change |
Casinos | 379,0 | 0,0 | 379,0 | 374,5 | 2,1 | 372,4 | 1,8% |
Hotels | 12,5 | - | 12,5 | 14,2 | 1,0 | 13,2 | -5,4% |
Other | 13,7 | - | 13,7 | 11,6 | - | 11,6 | 18,0% |
Total consolidated turnover | 405,2 | 0,0 | 405,2 | 400,3 | 3,1 | 397,2 | 2,0% |
Groupe Partouche CA T4-2016 VA
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Source: GROUPE PARTOUCHE via GlobeNewswire
HUG#2065029
