FDJ United’s stock price surged after J.P. Morgan initiated coverage with a ‘overweight’ recommendation, citing the company’s growth prospects and innovative approach.
FDJ United has announced a dividend distribution and share buyback program, as well as approved a remuneration policy for corporate directors, following its annual general meeting.
FDJ United, a French gaming equipment and lottery services provider, has seen a 30% surge in revenue following its takeover by Kindred Group, but faces challenges in online betting revenue and is preparing for its upcoming combined general meeting.