GROUPE PARTOUCHE
GROUPE PARTOUCHE
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PARP
ISIN: FR0012612646

GROUPE PARTOUCHE : PARTOUCHE STRENGHTHEN ITS GROWTH

  • 116

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                                                                 [email protected]

 

 

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

net of neutralised companies
Q4-2015 Neutralised companies Q4-2015

net of neutralised companies
% change

net of

neutralised companies
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

net of

neutralised companies
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

net of

neutralised companies
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

in €M
12 months 2016 Neutralised companies 12m-2016 net of neutralised companies 12 months

2015
Neutralised companies 12m-2015 Neutralised companies % change

net of

neutralised companies
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%



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: GROUPE PARTOUCHE via Globenewswire

GlobeNewsWire Europe
GlobeNewsWire Europe

GlobeNewswire Europe, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.