FL Entertainment has raised its full-year 2023 EBITDA guidance to €750m [$821m], as the Amsterdam Euronext media conglomerate benefits from M&A expansion and the enhanced performance of its betting and gaming business.
Publishing its H1 Interim trading results, FL, the parent company of Betclic and majority shareholder of Bet-at-Home AG, reported corporate revenues of €1.92bn, marking a 6.8% year-on-year increase on 2022 results of €1.80bn.
A breakdown of units saw FL’s Banijay media content and distribution unit maintain a 2% uplift in revenues to €1.43bn (H1 2022: €1.4bn) – driven by Banijay re-signing premium ‘super show’ deals for Deal-or-No Deal, Lego Masters, and Big Brother across Europe, Japan, and South America.o H1 2022”.
