Press Release
Positive trading update & 2022 guidance confirmed
Exploring new financing options
TRADING UPDATE
Content production & distribution saw a 25% increase in the number of hours in its content catalog over 9M 2022. It has also successfully completed 12 bolt-on acquisitions of highly-reputable production companies, both for non-scripted and scripted content. This strategy creates economies of scale, expands its geographic footprint and contributes to improved long-term performance.
Online sports betting & gaming continues to perform well, driven by the appeal of Betclic’s digital platform. This was confirmed during the World Cup 2022 where
CONFIRMATION OF 2022 GUIDANCE
Thanks to the positive momentum observed during the year, combined with the Group’s leading positions in attractive and growing segments of the entertainment industry,
EXPLORING NEW FINANCING OPTIONS
As a listed entity,
In this context, the company is currently assessing a potential convertible bond financing, subject to market conditions.
As indicated at the time of its listing,
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This press release and related documents are available on the Group’s website, in the “Investor relations” section: https://fl-entertainment.com/investor-relations/
Agenda
FY 2022 results:
Investor Relations
Press Relations
Anne-France Malrieu - afmalrieu@image7.fr
About
Founded by Stéphane Courbit, a 30-year entertainment industry pioneer and entrepreneur,
ISIN: NL0015000X07 - Bloomberg:
Forward-looking statements
This communication contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Forward Looking Statements
Some statements in this press release may be considered “forward-looking statements”. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that may occur in the future. These forward-looking statements involve known and unknown risks, uncertainties and other factors that are outside of our control and impossible to predict and may cause actual results to differ materially from any future results expressed or implied. These forward-looking statements are based on current expectations, estimates, forecasts, analyses and projections about the industry in which we operate and management's beliefs and assumptions about possible future events. You are cautioned not to put undue reliance on these forward-looking statements, which only express views as at the date of this press release and are neither predictions nor guarantees of possible future events or circumstances.
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Alternative performance measures
The financial information in this release includes non-IFRS financial measures and ratios (e.g. non-IFRS metrics, such as adjusted EBITDA) that are not recognized as measures of financial performance or liquidity under IFRS. The non-IFRS financial measures presented are measures used by management to monitor the underlying performance of the business and operations and, have therefore not been audited or reviewed. Furthermore, they may not be indicative of the historical operating results, nor are they meant to be predictive of future results. These non-IFRS measures are presented because they are considered important supplementary measurements of
Disclaimer
Not for distribution in
Regulated information related to this press release is available on the website:
https://fl-entertainment.com/investor-relations/
https://fl-entertainment.com/
Attachment
- FL Entertainment_PR_GB_01102023_001
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