Report
Cor Kluis

Adyen NV : Revenues in line and future profits 20% higher, positive

>Conclusion: future earnings up to 20% higher - Adyen presented its 2H20 results, and the most important news is that it increased its future profit guidance up by about +20%. The revenues were quite in line. This combination makes us more positive on Adyen going forward. We still expect that its net revenue growth rate of 35-40% will continue for the next few years. Positive on circa 20% increase in future profit guidance - Adyen raises its EBITDA ma...
Underlying
Adyen NV

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Cor Kluis

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