Groupe Partouche

Earnings Release • Jun 12, 2019

Turnover at end of April 2019 1 st half-year: Growth +5,0 % - € 221,9 M 2 nd quarter: sustained business activity +8,0 % at € 105,3 M

Paris, 12th of June 2019, 06:00 pm - Groupe Partouche, one of the European gaming leaders, published its consolidated turnover for the 2nd quarter 2019 (February to April 2019).

2 nd quarter Sustained Activity

At the end of 2nd quarter 2019, Gross Gaming Revenue (GGR) reached € 168.1 M due to slots, electronic and table games.

In France, GGR increased by € 7.2 M reaching € 139.5 M (+5.4%). Slot machines showed a satisfactory increase of +3.9% (€ 115.5 M) and the electronic games remained stable with a growth of +13.2% (€ 24 M). Since the transfer in November 2018, the success of the Pornic casino is confirmed with a solid increase of its GGR +53.4%. Outside France, in Belgium, online gaming and sports betting are in constant growth (+ € 3.1 M)

Net Gaming Revenue (NGR) increased by + 8.9% at € 83.8 M (i.e. + € 6.9 M)

Globally, the turnover of the 2nd quarter totalled € 105.3 M, up by + 8 %

1 st half-year turnover up by +5,0 % at € 221.9 M

At the end of April, the 6-month aggregate turnover reached € 221.9 M up by + 5.0 %, with a + 5.2 % growth in NGR at € 179.4 M.

Outlook : the recent opening of the Pasino GRAND at Aix-en-Provence

After an 18-month work campaign completed in early April 2019, the Pasino of Aix-en-Provence reinvents itself and becomes "Pasino GRAND", an innovative digital complex dedicated to entertainment and leisure.

This unique gaming experience was developed around collaboration with MOMENT FACTORY, a Canadian multimedia studio specialized in the design and production of immersive environments, which has created four gaming spaces of a new generation of games. The whole is embellished with a restaurant area, the "Grandioz", revisited in a buffet format.

Upcoming events:

1 st half-year income: Wednesday 26 th of June 2019, after Paris stock market close 3 rd quarter Financial information: Wednesday 11 th of September 2019, after Paris 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

ANNEX

1- Consolidated turnover

In €M	2019	2018	Variation
st quarter 1	116,6	113,9	2,4%
nd quarter 2	105,3	97,5	8,0%
Total consolidated turnover	221,9	211,3	5,0%

2- Construction of consolidated turnover

2.1 – 2 nd quarter

In €M	2019	2018	Variation
Gross gaming revenue (GGR)	168,1	157,2	7,0%
Levies	-84,3	-80,2	5,1%
Net Gaming Revenue (NGR)	83,8	77,0	8,9%
Turnover excluding NGR	22,2	21,3	4,3%
Fidelity Program	-0,8	-0,8	-5,1%
Total consolidated turnover	105,3	97,5	8,0%

2.2 – Aggregate 6 months

In €M	2019	2018	Variation
Gross gaming revenue (GGR)	329,4	314,6	4,7%
Levies	-150,0	-144,1	4,1%
Net Gaming Revenue (NGR)	179,4	170,5	5,2%
Turnover excluding NGR	44,2	42,5	4,0%
Fidelity Program	-1,6	-1,6	0,9%
Total consolidated turnover	221,9	211,3	5,0%

3- Breakdown of Turnover by activity

3.1 – 2 nd quarter

In €M	2019	2018	Variation
Casinos	96,4	90,2	6,9%
Hotels	1,6	1,8	-10,1%
Other	7,2	5,4	33,1%
Total consolidated turnover	105,3	97,5	8,0%

3.2 – Aggregate 6 months

In €M	2019	2018	Variation
Casinos	205,5	196,9	4,4%
Hotels	2,8	3,3	-14,3%
Other	13,5	11,1	21,6%
Total consolidated turnover	221,9	211,3	5,0%

4- Glossary

The "Gross Gaming Revenue" corresponds to the sum of the various operated games, after deduction of the payment of the winnings to the players. This amount is debited of the "levies" (i.e. tax to the State, the city halls, CSG, CRDS).

The «Gross Gaming Revenue» after deduction of the levies, becomes the "Net Gaming Revenue ", a component of the turnover.

FINANCIAL INFORMATION