In its full-year 2023 trading update, La Française des Jeux (FDJ) reported a 6.5% rise in revenue for the 12 months to 31 December.
The trading update comes as the lottery and gaming company confirmed it had submitted a SEK27.96bn ($2.67bn) offer to acquire Kindred Group. The news was reported by The Wall Street Journal over the weekend.
FDJ said it aimed to build a “European gaming champion” with the acquisition, while Kindred CEO Nils Andén said FDJ would help Kindred to “further expand its global footprint”. Kindred’s preliminary 2023 results – which were also released today (22 January) – saw revenue of £1.21bn for full-year 2023.
Looking at FDJ’s trading update, revenue totaled at €2.62bn [$2.85bn] for 2023.