Edenred : The good Q3 publication confirms the scenario of the upper end of the guidance range in 2021
>Q3 better than expected, sequential acceleration on an organic basis (vs 2019) - Before the start of trading yesterday Edenred reported higher-than-expected revenues (+3.5%) and increased its FY 2021 EBITDA guidance in the upper half of the initial guidance range, i.e. now € 645-670m, which implies organic growth in EBITDA of +13/17%. This publication also illustrates the sequential acceleration in organic growth in Q3 (+13% vs Q3 2019) compared with H1 (+9.6% vs H1 ...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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