
FDJ UNITED: Combined General Meeting of 22 May 2025
The annual and extraordinary Ordinary General Meeting of La Française des Jeux (Paris:FDJ) was held this Thursday, 22 May, under the chairmanship of Stéphane Pallez, Chairwoman and CEO. Shareholders were able to cast their votes during the General Meeting on presentation of an admission card. Shareholders who were unable to physically attend the meeting were able to vote by post, by proxy or via the secure Votaccess platform prior to the General Meeting.
The General Meeting largely adopted all the resolutions put to the vote of the shareholders, including:
- The approval of the parent company and consolidated financial statements for the 2024 financial year;
- The appropriation of earnings for the financial year ended 31 December 2024 and the payment of a dividend of €2.05 per share to be paid on 3 June 2025;
- The appointment of Ms Alix Boulnois as director;
- The components of remuneration of the corporate directors for the 2024 financial year, as well as the 2025 remuneration policy for corporate directors;
- Various financial authorisations granted to the Board of Directors;
- Various amendments to the Articles of Association in order to incorporate the new purpose of FDJ UNITED in the preamble.
In 2026, the General Meeting will be held on 23 April.
Continuation of the liquidity agreement – Implementation of the share buyback programme
Today's General Meeting adopted, in its 11th resolution, a new share buyback programme.
A description of this programme can be found in the 2024 Universal Registration Document (chapter 7.2.2.1) filed on 29 April 2025 with the AMF and available on the FDJ website (www.groupefdj.com).
On 15 April 2025, the Board of Directors decided, subject to the condition precedent of the adoption of the 11th resolution of the General Meeting, to implement this programme in order to continue the liquidity agreement entered into with Exane.
Resignation of Mrs Barjou - Director
Following Predica's withdrawal from FDJ UNITED, Florence Barjou has tendered her resignation. The Chairman and CEO thanks her for her commitment and contribution to the Board of Directors of FDJ UNITED since March 1, 2022.
About FDJ UNITED
FDJ UNITED is one of Europe's leading betting and gaming operators, with a vast portfolio of iconic brands and a reputation for technological excellence. With more than 5,000 employees and a presence in around fifteen regulated markets, the Group offers a diversified, responsible range of games, both under exclusive rights and open to competition: lottery games in France and Ireland, via an extensive point-of-sale network and online; sports betting at points of sale in France; and online games open to competition (sports and horse-race betting, poker and online casino games, in markets where these activities are authorized). FDJ Group has placed responsibility at the heart of its strategy and promotes recreational betting. FDJ Group is listed on the Euronext Paris regulated market (FDJU) and is a member of indices including the SBF 120, Euronext 100, Euronext Vigeo 20, EN EZ ESG L 80, STOXX Europe 600, MSCI Europe and FTSE Euro.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Wire
5 hours ago
- Business Wire
HealthStream Announces Second Quarter 2025 Results
NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthStream, Inc. (the "Company") (Nasdaq: HSTM), a leading healthcare technology platform company for workforce solutions, announced today results for the second quarter ended June 30, 2025. Revenues of $74.4 million in the second quarter of 2025, up 4.0% from $71.6 million in the second quarter of 2024, setting a new Company record for quarterly revenue Operating income of $5.9 million in the second quarter of 2025, up 33.4% from $4.4 million in the second quarter of 2024 Net income of $5.4 million in the second quarter of 2025, up 29.3% from $4.2 million in the second quarter of 2024 Earnings per share (EPS) of $0.18 per share (diluted) in the second quarter of 2025, up from $0.14 per share (diluted) in the second quarter of 2024 Adjusted EBITDA 1 of $17.6 million in the second quarter of 2025, up 11.3% from $15.8 million in the second quarter of 2024 Board of Directors authorized a share repurchase program on May 8, 2025 to repurchase up to $25.0 million of outstanding shares of common stock, with $18.1 million repurchased during the second quarter Board of Directors declared a quarterly cash dividend of $0.031 per share, payable on August 29, 2025 to holders of record on August 18, 2025 1 Adjusted EBITDA is a non-GAAP financial measure. A reconciliation of adjusted EBITDA to net income and disclosure regarding why we believe adjusted EBITDA provides useful information to investors is included later in this release. Expand Financial Results: Second Quarter 2025 Compared to Second Quarter 2024 Revenues for the second quarter of 2025 increased by $2.8 million, or 4.0%, to $74.4 million, compared to $71.6 million for the second quarter of 2024. Subscription revenues increased by $2.9 million, or 4.2%, and professional services revenues decreased by $0.1 million compared to the second quarter of 2024. Operating income was $5.9 million for the second quarter of 2025, up 33.4% from $4.4 million in the second quarter of 2024. The improvement in operating income was primarily attributable to increased revenues, sublease income associated with the sublease that commenced during the second quarter of 2025, and lower bad debt expense. These improvements were partially offset by higher expenses to support investments in several areas of the business, primarily in our platform and SaaS applications, resulting in higher labor costs, cloud hosting, third-party software, and amortization of capitalized software costs, along with increased royalties. Net income was $5.4 million in the second quarter of 2025, up 29.3% from $4.2 million in the second quarter of 2024, and EPS was $0.18 per share (diluted) in the second quarter of 2025, up from $0.14 per share (diluted) in the second quarter of 2024. Adjusted EBITDA was $17.6 million for the second quarter of 2025, up 11.3% from $15.8 million in the second quarter of 2024. At June 30, 2025, the Company had cash, cash equivalents, and marketable securities of $90.6 million. The Company does not have any outstanding indebtedness from borrowed money. Capital expenditures incurred during the second quarter of 2025 were $9.2 million. Year-to-Date 2025 Compared to Year-to-Date 2024 For the six months ended June 30, 2025, revenues were $147.9 million, an increase of 2.5% over revenues of $144.3 million for the first six months of 2024. Operating income for the first six months of 2025 increased by 1.6% to $10.3 million, compared to $10.1 million for the first six months of 2024. The increase in operating income was primarily attributable to higher revenues, sublease income associated with the sublease that commenced during the second quarter of 2025, and lower bad debt expense, partially offset by higher expenses to support investments in several areas of the business, primarily in our platform and SaaS applications, resulting in higher labor costs, cloud hosting, third-party software, and amortization of capitalized software. Net income for the first six months of 2025 increased to $9.7 million, compared to $9.4 million for the first six months of 2024. Earnings per share were $0.32 per share (diluted) for the first six months of 2025, compared to $0.31 per share (diluted) for the first six months of 2024. Adjusted EBITDA increased by 2.8% to $33.8 million for the first six months of 2025, compared to $32.9 million for the first six months of 2024. Other Business Updates On May 8, 2025, the Company announced a share repurchase program approved by the Board of Directors under which the Company is authorized to repurchase up to $25.0 million of its outstanding shares of common stock. Pursuant to this authorization, repurchases may be made from time to time in the open market, including under a Rule 10b5-1 plan, through privately negotiated transactions, or otherwise. During the second quarter of 2025, the Company repurchased shares valued at $18.1 million pursuant to this authorization, and the Company continued to repurchase shares pursuant to this authorization during the third quarter, completing the program in July by repurchasing shares valued at $6.9 million. The share repurchase program terminated in July when the maximum dollar amount was expended. On August 4, 2025, the Board of Directors approved a quarterly cash dividend under the Company's dividend policy of $0.031 per share, payable on August 29, 2025 to holders of record on August 18, 2025. Financial Outlook for 2025 The Company is updating its guidance for 2025 for certain of the measures set forth below. For a reconciliation of projected adjusted EBITDA, a non-GAAP financial measure defined later in this release, to projected net income (the most comparable GAAP measure) for 2025, see the table included on page nine of this release. The Company's guidance for 2025, as set forth above, reflects the Company's assumptions regarding, among other things, expectations for new sales and renewals. This consolidated guidance does not include the impact of any acquisitions or dispositions that we may complete during 2025, gains or losses from changes in the fair value of non-marketable equity investments, or impairment of long-lived assets. Commenting on HealthStream's results, Robert A. Frist, Jr., Chief Executive Officer, HealthStream, said, 'Our financial performance in the second quarter of 2025 showed year-over-year increases in each of the major categories we highlight in our earnings release, including record quarterly revenues of $74.4 million, up four percent over the second quarter of last year. As we kick-off the second half of the year, I believe HealthStream's solutions are well positioned to continue helping healthcare organizations achieve greater workflow efficiencies, which, at this time, is of heightened focus throughout the healthcare industry.' A conference call with Robert A. Frist, Jr., Chief Executive Officer, Scott A. Roberts, Chief Financial Officer and Senior Vice President, and Mollie Condra, Head, Investor Relations and Communications, will be held on Tuesday, August 5, 2025, at 9:00 a.m. (ET). Participants may access the conference call live via webcast using this link: To participate via telephone, please register in advance using this link: A replay of the conference call and webcast will be archived on the Company's website in the Investor Relations section under 'Events & Presentations.' Use of Non-GAAP Financial Measures This press release presents adjusted EBITDA, a non-GAAP financial measure used by management in analyzing the Company's financial results and ongoing operational performance. In order to better assess the Company's financial results, management believes that net income before interest, income taxes, stock-based compensation, depreciation and amortization, and changes in fair value of, including gains (losses) on the sale of, non-marketable equity investments ('adjusted EBITDA') is a useful measure for evaluating the operating performance of the Company because adjusted EBITDA reflects net income adjusted for certain GAAP accounting, non-cash, and/or non-operating items which may not, in any such case, fully reflect the underlying operating performance of our business. We believe that adjusted EBITDA is useful to investors to assess the Company's ongoing operating performance and to compare the Company's operating performance between periods. In addition, certain short-term cash incentive bonuses and performance-based equity awards are based on the achievement of adjusted EBITDA (as defined in applicable bonus and equity grant documentation) targets. Adjusted EBITDA is a non-GAAP financial measure and should not be considered as a measure of financial performance under GAAP. Because adjusted EBITDA is not a measurement determined in accordance with GAAP, adjusted EBITDA is susceptible to varying calculations. Accordingly, adjusted EBITDA, as presented, may not be comparable to other similarly titled measures of other companies and has limitations as an analytical tool. This non-GAAP financial measure should not be considered a substitute for, or superior to, measures of financial performance, which are prepared in accordance with GAAP. Investors are encouraged to review the reconciliations of adjusted EBITDA to net income (the most comparable GAAP measure), which is set forth below in this release. About HealthStream HealthStream (Nasdaq: HSTM) is the healthcare industry's largest ecosystem of platform-delivered workforce solutions that empowers healthcare professionals to do what they do best: deliver excellence in patient care. For more information about HealthStream, visit or call 615-301-3100. HEALTHSTREAM, INC. Condensed Consolidated Balance Sheets (In thousands) (Unaudited) June 30, December 31, 2025 2024 ASSETS Current assets: Cash and cash equivalents $ 52,102 $ 59,469 Marketable securities 38,517 37,748 Accounts and unbilled receivables, net 31,467 35,322 Prepaid and other current assets 22,310 20,583 Total current assets 144,396 153,122 Capitalized software development, net 44,580 43,370 Property and equipment, net 11,914 10,741 Operating lease right of use assets, net 16,262 17,453 Goodwill and intangible assets, net 240,710 246,768 Other assets 42,286 39,312 Total assets $ 500,148 $ 510,766 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable, accrued, and other liabilities $ 27,002 $ 31,466 Deferred revenue 88,376 84,227 Total current liabilities 115,378 115,693 Deferred tax liabilities 15,101 14,596 Deferred revenue, noncurrent 1,198 1,655 Operating lease liability, noncurrent 15,891 17,366 Other long-term liabilities 2,013 2,101 Total liabilities 149,581 151,411 Shareholders' equity: Common stock 235,041 252,432 Accumulated other comprehensive loss (1,278 ) (2,049 ) Retained earnings 116,804 108,972 Total shareholders' equity 350,567 359,355 Total liabilities and shareholders' equity $ 500,148 $ 510,766 Expand HEALTHSTREAM, INC. Condensed Consolidated Statements of Cash Flows (In thousands) (Unaudited) Six Months Ended June 30, June 30, 2025 2024 Operating activities: Net income $ 9,721 $ 9,394 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 21,621 20,706 Stock-based compensation 1,940 2,154 Amortization of deferred commissions 6,017 5,956 Deferred income taxes 467 (542 ) Provision for credit losses 391 1,802 Loss on equity method investments 107 82 Other (776 ) (746 ) Changes in assets and liabilities: Accounts and unbilled receivables 3,465 449 Prepaid and other assets (10,324 ) (5,569 ) Accounts payable, accrued, and other liabilities (4,224 ) (9,282 ) Deferred revenue 3,692 2,985 Net cash provided by operating activities 32,097 27,389 Investing activities: Purchases of marketable securities, net of proceeds (27 ) (5,330 ) Proceeds from sale of non-marketable equity investments — 765 Purchase of other investments (500 ) — Purchases of property and equipment (3,372 ) (914 ) Payments associated with capitalized software development (14,500 ) (13,552 ) Net cash used in investing activities (18,399 ) (19,031 ) Financing activities: Taxes paid related to net settlement of equity awards (1,075 ) (861 ) Payment of cash dividends (1,890 ) (1,700 ) Repurchases of common stock (18,121 ) — Net cash used in financing activities (21,086 ) (2,561 ) Effect of exchange rate changes on cash and cash equivalents 21 1 Net (decrease) increase in cash and cash equivalents (7,367 ) 5,798 Cash and cash equivalents at beginning of period 59,469 40,333 Cash and cash equivalents at end of period $ 52,102 $ 46,131 Expand Reconciliation of GAAP to Non-GAAP Financial Measures (1) Operating Results Summary (In thousands) (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 GAAP net income $ 5,389 $ 4,168 $ 9,721 $ 9,394 Interest income (958 ) (944 ) (1,889 ) (1,848 ) Interest expense 25 25 50 49 Income tax provision 1,478 1,132 2,393 2,448 Stock-based compensation expense 836 1,094 1,940 2,154 Depreciation and amortization 10,867 10,370 21,621 20,706 Adjusted EBITDA $ 17,637 $ 15,845 $ 33,836 $ 32,903 (1) This press release presents adjusted EBITDA, which is a non-GAAP financial measure used by management in analyzing its financial results and ongoing operational performance. Expand This press release includes certain forward-looking statements (statements other than solely with respect to historical fact), including statements regarding expectations for financial performance for 2025 and our quarterly dividend policy, that involve risks and uncertainties regarding HealthStream. These statements are based upon management's beliefs, as well as assumptions made by and data currently available to management. This information has been, or in the future may be, included in reliance on the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. The Company cautions that forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by the forward-looking statements, including as a result of negative economic conditions, changes in U.S. policy, adverse developments impacting the healthcare industry, tariff and trade-related developments, inflationary pressures, geopolitical instability, legal requirements and contractual restrictions which may affect continuation of our quarterly cash dividend policy and the declaration and/or payment of dividends thereunder, which may be modified, suspended, or canceled in any manner and at any time that our Board may deem necessary or appropriate, as well as risks referenced in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, filed on February 28, 2025, the Company's Quarterly Report on Form 10-Q for the three months ended March 31, 2025, filed on May 9, 2025, and in the Company's other filings with the Securities and Exchange Commission from time to time. Consequently, such forward-looking information should not be regarded as a representation or warranty or statement by the Company that such projections will be realized. Many of the factors that will determine the Company's future results are beyond the ability of the Company to control or predict. Readers should not place undue reliance on forward-looking statements, which reflect management's views only as of the date hereof. The Company undertakes no obligation to update or revise any such forward-looking statements.


Business Wire
6 hours ago
- Business Wire
Ichor Announces CEO Succession Plan
FREMONT, Calif.--(BUSINESS WIRE)--Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment, today announced that Jeff Andreson and the Board of Directors have agreed to a CEO transition plan, and that the Board of Directors will promptly engage a search firm to identify a successor. Mr. Andreson will continue as CEO until his successor is named, and thereafter serve as Executive Advisor to the company through August of 2026, to assist with a seamless transition. 'Throughout my years at Ichor and since becoming CEO in 2020, we have witnessed a significant transformation of the company into a diversified leader in fluid delivery – as evidenced by our expanded product portfolio, broadened customer base, strengthened IP position, global manufacturing footprint, and market presence now established beyond the semiconductor industry,' said Mr. Andreson. 'It has been my privilege to lead Ichor during this transformation, and for that I must thank our amazing employees, who delivered innovative products to our customers while making Ichor a great place to work. Over the next year, I look forward to working with our Board and incoming CEO, to ensure a smooth transition.' 'On behalf of the entire Board of Directors as well as Ichor's past and present stakeholders and employees, I thank Jeff for his dedication to Ichor for the past eight years,' commented Iain MacKenzie, chairman of Ichor. 'Jeff's financial and operational acumen has been invaluable through the integration of five acquisitions and recapitalization of the company during a challenging business environment. We are grateful that we'll continue to benefit from Jeff's experience and perspective throughout this process. As the Board conducts its search for Jeff's successor, we are focused on identifying a strong leader with a proven track record of operating successfully at scale while defining and executing strategies for growth.' About Ichor We are a leader in the design, engineering and manufacturing of critical fluid delivery subsystems and components primarily for semiconductor capital equipment, as well as other industries such as defense/aerospace and medical. Our primary product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Our gas delivery subsystems deliver, monitor and control precise quantities of the specialized gases used in semiconductor manufacturing processes such as etch and deposition. Our chemical delivery subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. We also provide precision-machined components, weldments, e-beam and laser welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products. We are headquartered in Fremont, CA. Safe Harbor Statement Certain statements in this release are 'forward-looking statements' made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words 'anticipate,' 'believe,' 'contemplate,' 'designed,' 'estimate,' 'expect,' 'forecast,' 'goal,' 'guidance,' 'intend,' 'may,' 'outlook,' 'plan,' 'predict,' 'project,' 'see,' 'seek,' 'target,' 'would' and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Examples of forward-looking statements include, but are not limited to, statements regarding the outcome and timing of our search for a permanent chief executive officer, future plans for Ichor, and expressions of confidence in Ichor's future as well as any other statement that does not directly relate to any historical fact. Such forward-looking statements are based on our current expectations about future events as of the date hereof and involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Our actual results and outcomes could differ materially from those included in these forward-looking statements as a result of various factors, including, but not limited to: risks associated with management transitions, including potential difficulties in implementing organizational changes, new strategies and tactics developed by a new management team, and possible disruptions in the event of further changes in the management team; retention efforts and relationships with external stakeholders due to the changes in our management team; challenges in attracting and retaining qualified personnel; geopolitical, economic and market conditions, including high inflation, changes to trade, fiscal and monetary policy, high interest rates, currency fluctuations, challenges in the supply chain and any disruptions in the global economy as a result of the conflicts in Ukraine and the Middle East; dependence on expenditures by manufacturers and cyclical downturns in the semiconductor capital equipment industry; reliance on a very small number of original equipment manufacturers ('OEMs') for a significant portion of sales; negotiating leverage held by our customers; competitiveness and rapid evolution of the industries in which we participate; keeping pace with developments in the industries we serve and with technological innovation generally; designing, developing and introducing new products that are accepted by original equipment manufacturers in order to retain our existing customers and obtain new customers; managing our manufacturing and procurement process effectively; defects in our products that could damage our reputation, decrease market acceptance and result in potentially costly litigation; and our dependence on a limited number of suppliers. Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission (the 'SEC'), including other risks, relevant factors, and uncertainties identified in the 'Risk Factors' section of our Annual Report on Form 10 K for the year ended December 27, 2024 and any other periodic reports that we may file with the SEC. All forward-looking statements in this press release are based upon information available to us as of the date hereof, and qualified in their entirety by this cautionary statement. We undertake no obligation to update or revise any forward-looking statements contained herein, whether as a result of actual results, changes in our expectations, future events or developments, or otherwise, except as required by law.


Business Insider
8 hours ago
- Business Insider
Tesla Stock (TSLA) Jumps on New Elon Musk Pay Package
Tesla (TSLA) stock was up on Monday after the electric vehicle (EV) company's Board of Directors approved a special pay package for founder and CEO Elon Musk. The board approved a package that will come with 96 million shares of TSLA stock, which are worth roughly $30 billion. In a letter to shareholders, Tesla said these shares will be offered to Musk despite the legal issues surrounding his 2018 pay package. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. A Delaware court blocked Elon Musk from receiving his 2018 CEO Performance Award, which would have been the largest in U.S. history. Tesla is still battling the court in appeals to reinstate this pay package. If it wins, Musk's ownership of TSLA stock would increase from 13% to 20%. The new pay package for Elon Musk is designed to keep the CEO as the head of the EV company. The board believes that Musk's leadership is crucial for its success. Musk has threatened to leave the company if his TSLA share ownership isn't increased. He has only recently returned to full leadership after splitting his time between his companies and the Department of Government Efficiency (DOGE). His demands also came after Tesla reported poor results in Q2 2025. Tesla Stock Movement Today Tesla stock was up 2.07% in pre-market trading on Monday, following a 1.83% dip on Friday. The shares have also fallen 25.06% year-to-date but have remained up 52.17% over the past 12 months. Roughly 1.5 million shares have traded this morning, compared to a three-month daily average of about 97 million units. Is Tesla Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Tesla is Hold, based on 14 Buy, 15 Hold, and eight Sell ratings over the past three months. With that comes an average TSLA stock price target of $310.84, representing a potential 2.71% upside for the shares.