France · Delayed Price · Currency is EUR Edenred SE Earnings Call Transcripts
Fiscal Year 2026
-
The meeting highlighted strong 2025 financial results, a 10% dividend increase, and the launch of the Amplify strategic plan focused on digital growth and AI. Regulatory changes in Italy and Brazil were addressed, with management emphasizing resilience, ongoing investments, and robust governance. All resolutions were approved.
-
Q1 2026 saw 3.1% like-for-like revenue growth, with strong underlying momentum (8.2% like-for-like) despite regulatory headwinds in Italy and Brazil. Mobility and digital wallet segments posted double-digit growth, and full-year guidance is confirmed, with strategic investments in AI and data ongoing.
Fiscal Year 2025
-
Delivered record 2025 results with double-digit EBITDA growth, strong cash flow, and margin expansion. 2026 will be a rebasing year due to regulatory headwinds, but intrinsic growth and profitability are expected to resume in 2027, supported by ongoing investments in digital and AI.
-
The group unveiled its Amplify 2025-2028 plan, targeting over EUR 5 billion revenue by 2030 through a three-pillar strategy: Attract, Enrich, and Activate. Key growth drivers include digitalization, AI, cross-sell, upsell, and new services, with EBITDA growth of 8%-12% targeted after a 2026 investment phase.
-
Q3 2025 saw robust top-line growth, with operating revenue up 8.2% like-for-like and strong performances across all business lines and geographies. Full-year guidance is reaffirmed, despite regulatory headwinds in Italy and ongoing FX impacts.
-
H1 2025 delivered strong like-for-like revenue and EBITDA growth, with double-digit expansion in Mobility and Benefits & Engagement, and robust performance in Latin America. Despite regulatory headwinds in Italy and ongoing BaaS exit, full-year 2025 targets for EBITDA and cash conversion are confirmed.
-
AGM highlighted strong 2024 financial growth, a 10% dividend increase, and successful execution of the Beyond strategic plan. All resolutions passed, new directors appointed, and regulatory risks and market competition were addressed, with a focus on digitalization and sustainability.
-
Q1 2025 saw 7.1% like-for-like operating revenue growth, led by Latin America and mobility, with digital services accelerating. Full-year guidance for at least 10% EBITDA growth and 70%+ cash conversion is confirmed, despite macro headwinds and regulatory changes.
Fiscal Year 2024
-
2024 saw robust revenue, EBITDA, and EPS growth, with strong cash generation and margin expansion. Despite headwinds from European uncertainty and Italian regulation, 2025 guidance targets 10%+ EBITDA growth, supported by resilient business lines, recent acquisitions, and efficiency initiatives.
-
Entering 2025 significantly stronger, the group reaffirms double-digit EBITDA growth guidance, driven by a larger digital platform, diversified recurring revenue, and robust client acquisition. Capital allocation shifts to focus on bolt-on M&A, extended share buybacks, and continued margin expansion, despite regulatory headwinds in Italy and France.
-
Double-digit revenue and EBITDA growth continued in Q3 2024, with strong performance in core and Beyond segments despite macroeconomic headwinds. 2024 guidance is confirmed, and 2025 outlook remains robust even under potential Italian regulatory risks.
-
H1 2024 delivered strong double-digit growth in revenue, EBITDA, and net profit, driven by robust performance across benefits, engagement, and mobility segments, as well as successful acquisitions and platform investments. Guidance for 2024 and beyond remains positive, with continued focus on scaling core markets and expanding digital solutions.