Edenred : H2 should benefit from the return to growth and the cost savings plan
>Confirmation of a return to growth in H2 - Edenred confirmed that it expects a return to positive territory for organic growth in operating revenues in H2, which will be supported by the gradual recovery in Europe (61% of operating revenues), notably in France, which after being the country hardest hit (-31% in Q2) showed the strongest recovery in June, both in employee benefits (increase in the ceiling on restaurant vouchers, strong demand for digital solutions) and...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.
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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