Societe des Bains de Mer et du Cercle des Etrangers a Monaco announces strong growth in activity and significant improvement in results for the first half of the 2025/2026 fiscal year. Revenue increased by 10% to 542.5 million euros, with operating profit at 105.4 million euros and a net profit of 127.0 million euros.

The President-Delegate, Stephane Valeri, highlighted the positive results, reinforcing the financial stability and growth potential of the group. The first half of the fiscal year saw increased revenue in all sectors, with strategic investments and new initiatives driving growth and performance improvements.

During a meeting on November 24-25, the Board of Directors, chaired by Stephane Valeri, approved the 2025/2026 semi-annual financial statements. Key figures show consolidated revenue at 542.5 million euros, operating profit at 105.4 million euros, and a net profit of 127.0 million euros, reflecting a strong financial performance.

The robust financial performance is attributed to revenue growth in various sectors, including a 13% increase in hotel revenue, a 6% growth in gaming revenue, and record rental activity revenue. These positive results contributed to a consolidated operating profit of 105.4 million euros, driven by growth in hotel and rental sectors.

The group’s financial results for the first half of 2025/2026 show a positive trend, with a net profit of 127.0 million euros and a positive cash position of 244.2 million euros. Investments totaling 67.6 million euros were made during the period, focusing on strategic projects and property renovations to enhance operations and guest experience.

Looking ahead, the group remains optimistic about future growth prospects, acknowledging potential risks related to the gaming sector’s unpredictability. The solid and diversified business model of Societe des Bains de Mer positions it well for continued success in the coming months.

Read more at GlobeNewswire: Le Groupe S.B.M. poursuit la