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Partouche reduces debt but third quarter turnover falls 8%

11th September 2015 6:21 am GMT

French casino operator Groupe Partouche has reported an 8.4 per cent drop in turnover to €93.5m for the third quarter of 2015, although the company has reduced its debt as it continues to divest its casino and hotel estate.

On a like-for-like basis, which excluding recent divestments, turnover for the quarter fell 1.6 per cent, down from €94.5m to €93.5m, with the casinos division accounting for the bulk of this sum with €85.2m, followed by hotels with €5.3m.

Partouche said that [...]

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