sur SFCMC (EPA:FCMC)
Annual report of the SFCMC Group for the financial year ending October 31, 2024
SFCMC Group reported an increase in revenue to €169.3 million, compared to €164 million in the previous financial year. This included a 4.8% increase in accommodation revenue, despite a drop in room occupancy rates. Gross gaming revenue, on the other hand, decreased by 5.7%.
Gross operating surplus increased to EUR 49.5 million, partly due to the integration of CG Capital and a significant increase in the activity of the Carl Gustaf Hotel. The group's net profit amounted to EUR 22.8 million, more than double compared to the previous year.
Regarding debt, the group reduced its outstanding state-guaranteed loans to €23.9 million. As for the outlook, the group remains cautious in the face of economic and regulatory developments, particularly in the casino sector.
R. H.
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