WORLDLINE: Q1 sales in line with expectations; FY 2019 guidance maintained | BUY | EUR62 vs. EUR57 (+11%)
WORLDLINE - BUY | EUR62 vs. EUR57 (+11%)Q1 sales in line with expectations; FY 2019 guidance maintained
Q1 sales in line with the guidance for the year
2019 guidance confirmed (post IFRS 16)
Three-year plan reiterated (still pre IFRS 16)
Worldline is a financial transaction processing company based in France. Co's operations are organized along three segments covering payments and digital services: Merchant Services & Terminals (facilitating consumer engagement around end-to-end e-payment transactional services on any device – before, during and after the point of sale); eMobility and eTransactional Services (assists businesses and governments in developing new digital services enabling strategic digital transformation); and Financial Processing & Software Licensing (provides processing services to banks and financial institutions for managing card-based and online cashless payments).
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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