Groupe Partouche — Earnings Release 2015

Jun 10, 2015

CONTINUATION OF GROWTH IN THE BUSINESS

1 st HALF OF FINANCIAL YEAR 2015 (like-for-like basis) • GROSS GAMING REVENUE : +1,9% • TURNOVER : +3,7%

Paris, 10th June 2015

The Pick-up in the business of Groupe Partouche shown since mid-2014 has been confirmed for the second quarter by the increase of Gross gaming revenue (GGR) and Net gaming revenue (NGR) on a like-for-like basis.

For the 1st half of the financial year (November 2014 – April 2015, comments and data on a like-for-like basis – please refer to tables shown in the appendix) the turnover reached 205.1 €M, up by 3.7%.

Beyond the satisfactory progress of the GGR (+ 1.9% for the 1st half year) mainly due to the success of the electronic English Roulette, the turnover excluding gaming is up by 1.3% for the second quarter of 2015.

Groupe Partouche turnover for Q2 2015 reached 97 €M, up by 4.1%.

Based on these considerations and due to the divestment of establishments with minor gains, the consolidated EBITDA of Groupe Partouche during the 1st half-year improved appreciably.

The results of Groupe Partouche for the 1st half-year will be issued on Wednesday 24th of June in the evening.

Created in 1973, Groupe Partouche is a European leader in the gaming business. With 46 establishments mainly in France and 4450 employees, it registered a turnover of 410 €M for 2014, 90% of which are generated by the casinos, with a margin EBITDA approaching 17%. Totally dedicated to its business : gaming, its strategy based on innovation and attractive establishments, allows the Group to look to the future with great confidence, aiming to the strengthening of its leadership and the continuation of its operating profitability.

Listed on the Stock Exchange in 1995, Groupe Partouche shares are traded on compartment C of Euronext Paris. ISIN : FR0000053548 - Reuters : PARP.PA - Bloomberg : PARP:FP

FINANCIAL INFORMATION

Alain Cens, Chief Financial Officer info-finance@partouche.com

Groupe Partouche Phone : 01.47.64.33.45 – Fax : 01.47.64.19.20

1- Consolidated Turnover (including removals from the scope of consolidation)

In €M	2014	2013	Variation
First Quarter	109,2	111,3	-1,8%
Second Quarter	97,0	96,4	0,6%
Total consolidated turnover	206,2	207,7	-0,7%

2-Business on a like-for-like basis

The business must be analysed taking into account the changes in the scope following the divestments carried out in 2014 as the casinos of Knokke, Dinant and Hauteville, as well as the Hilton Hotel in Lyon; and the sale in 2015 of the casino of Chaudfontaine. These companies are partially included in the accounts of both financial years. The following tables show the developments on a like-for-like basis.

Changes in the regulations concerning levies during the period, explain the increase in Net Gaming Revenue (NGR) higher than the increase in GGR. It should be noted that the application of the postponed changes will have a negative impact of - 1.7 €M on the NGR during the 2nd half-year.

2.1 2nd Quarter business activity on a like-for-like basis

In €M	Q2-2015	Companies sold	Q2-2015 Net of Companies sold	Q2-2014	Companies sold	Q2-2014 Net of companies sold	% Change net of companies sold
GGR	151,9	-	151,9	151,2	1,0	150,2	1,1%
Levies	(74,8)	-	(74,8)	(77,0)	(0,3)	(76,7)	-2,4%
NGR	77,1	-	77,1	74,2	0,7	73,5	4,9%
Turnover excluding NGR	19,9	0,0	19,9	22,2	2,6	19,7	1,3%
Total Turnover	97,0	0,0	97,0	96,4	3,3	93,2	4,1%

2.2 Aggregate of business activity on a like-for-like basis

In €M	st H-Year 1 2015	Companies sold	1HY 2015 Net of Companies sold	st H-Year 1 2014	Companies sold	1HY 2014 Net of Companies sold	% Change net of companies sold
GGR	304,1	1,6	302,5	303,5	6,5	297,0	1,9%
Levies	(138,0)	(0,6)	(137,4)	(141,6)	(1,9)	(139,6)	-1,6%
NGR	166,2	1,0	165,1	162,0	4,6	157,4	4,9%
Turnover excluding NGR	40,1	0,1	40,0	45,8	5,3	40,5	-1,2%
Total Turnover	206,2	1,1	205,1	207,7	9,9	197,9	3,7%

3.1-Breakdown of turnover by division – 2nd quarter (on a like-for-like basis)

in €M	Q2-2015	Companies sold	Q2-2015 net of companies sold	Q2-2014	Companies sold	Q2-2014 net of companies sold	% Change net of companies sold
Casinos	91,0	-	91,0	88,0	0,8	87,2	4,4%
Hotels	3,2	0,0	3,1	5,6	2,5	3,1	0,5%
Other	2,8	-	2,8	2,8	-	2,8	0,5%
Total consolidated turnover	97,0	0,0	97,0	96,4	3,3	93,2	4,1%

3.2-Breakdown of aggregate turnover by division – 2nd quarter (on a like-for-like basis)

in €M	st H-Year 1 2015	Companies sold	1HY 2015 Net of Companies sold	st H-Year 1 2014	Companies sold	1HY 2014 Net of Companies sold	% Change net of companies sold
Casinos	195,8	1,1	194,7	191,6	4,9	186,7	4,3%
Hotels	4,7	0,0	4,7	9,8	5,0	4,8	-2,9%
Other	5,7	-	5,7	6,3	-	6,3	-9,3%
Total consolidated turnover	206,2	1,1	205,1	207,7	9,9	197,9	3,7%