Adyen NV : 1H21 earnings and revenue 5 to 9% better, no short term outlook, LT good
>Conclusion: 1H21 profit and revenues better expected, no ST outlook - The 1H21 earnings were 8% to 9% better than expected and the net revenues 5% better than expected. As a result we and the market will increase the earnings. The H1 take rate was lower, but that was more than compensated with a higher TPV. As expected Adyen is not giving a short term outlook for 2H21 as the world is moving more to off-line, but it does highlight that the franchise is strong, existin...Adyen NV, formerly Adyen BV, is provider of mobile, online and point-of-sale (POS) payment solutions based in the Netherlands. It operates an online platform enabling merchants to accept payments internationally and from all sales channels, such as online shops, mobile payments from applications and Websites, and POS, such as countertops, mobile terminals, tablets and cash registers, among others. The platform covers the entire payment chain, including technical, contractual, reconciliation and settlement processes. The platform is available in the form of ready-to-use payment pages (HPP), application programming interface (API), and client-side encryption solution (EE). The Company's customers include Mango, KLM, Netflix, Superdry, Uber, Groupon and Crocs, among others. It has offices in the Netherlands, the United Kingdom, France, Germany, Belgium, Brazil, China, Australia, Mexico, Singapore, Spain, Sweden and the United States.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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