FDJ reveals €200m Covid-19 hit

French national lottery operator ignites Covid-19 action plan to achieve €80m in 2020 cost savings

French lottery operator La Française des Jeux (FDJ) has reported a €200m (£180m) revenue drop during the two months of the country’s Covid-19 lockdown. The firm revealed the news in an update to shareholders, confirming a €100m (£90m) hit to its company EBITDA, driven by a drop of nearly 60% in stakes over the period.…

Covid-19 | Finance | Francaise Des Jeux | France | Lottery