Report
Johanna Jourdain ...
  • Stephane Houri

Edenred : Concerns regarding Swile are probably exaggerated

>Swile: proof that a new entrant in the French market is possible - The French meal voucher market is historically controlled by four players (Edenred, Sodexo, Groupe Up, Natixis Intertitres). Other players have attempted to enter the market, but with limited success: as such the arrival of Swile in 2018 heralded a real change. Swile won the Carrefour contract that had previously been managed by Edenred. In our view, Swile’s rapid development is due to: 1/ its 100% di...
Underlying
Edenred SA

Edenred designs and delivers services to clients, companies or public sectors, enabling them to offer beneficiaries additional purpose-directed purchasing power, such as the Ticket Restaurant® meal voucher, and provides prepaid corporate services. Co.'s product offering ensures that allocated funds are used as intended, allowing its clients to manage: Employee benefits (Ticket Restaurant®, Ticket Alimentacion®, Ticket CESU, Childcare Vouchers®, etc.); Expense management process (Ticket Car®, Ticket Clean way®, Repom®, etc.); and Incentive and rewards programs (Ticket Compliments®, Ticket Kadeos®, etc.). Co. also supports public institutions in managing their social benefits programs.

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
Johanna Jourdain

Stephane Houri

ResearchPool Subscriptions

Get the most out of your insights

Get in touch