Report
David Vignon

WORLDLINE: A beneficiary of the acceleration of trends in the mid-term | BUY | EUR95(+27%)

WORLDLINE - BUY | EUR95(+27%)
A beneficiary of the acceleration of trends in the mid-term

Beat on margin and FCF conversion in H2 offset a disappointing growth
2021 guidance reflect continued pressure on revenue in H1
Strategic review of terminals division still underway
Mid-term trends still strong, unaffected
Underlying
Worldline SA

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).

Provider
Bryan Garnier
Bryan Garnier

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.

Analysts
David Vignon

Other Reports on these Companies
Other Reports from Bryan Garnier

ResearchPool Subscriptions

Get the most out of your insights

Get in touch