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In brief

Strong growth for Monte-Carlo Société des Bains de Mer

sbm-croissance
Over the first nine months of the financial year, the SBM Group's consolidated turnover totalled more than 580 million euros - © Monte-Carlo SBM

The gambling sector performed particularly well in the third quarter of the 2023/2024 financial year.

The good news for the Monte-Carlo SBM was published on the Zonebourse website. The Group and its subsidiaries recorded a 9% increase in consolidated turnover for the third quarter of the 2023/2024 financial year, compared to the same period in the previous year.

One sector stands out in particular: gambling, which posted a figure of €48.6 million for the quarter, compared to €43.6 million a year ago. This represents growth of €5.1 million, or 12%, apparently due to the positive contribution by the casino tables during the quarter.

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It should also be noted that for the first nine months of the year, the SBM Group’s consolidated turnover totalled €580.7 million, compared with €556.5 million for the same period the previous year, an increase of 4%.