Edenred : Road show feedback (Paris): growth set to remain solid in 2020
>A confident message on the growth outlook in 2020 - After another year of strong organic growth in operating revenues at +13.9%, Edenred remains confident regarding its ability to continue to post dynamic growth in 2020 (ODDO BHF +11.9%e, guidance >8%). The growth levers identified in 2019 should continue in 2020, such as greater penetration of the SME segment, continuing innovation at the group enabling greater differentiation, strong growth in the light vehicle seg...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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