Report
Johanna Jourdain ...
  • Matthias Desmarais

Edenred : What to expect from the H1 2019 publication? (23 July before trading)

>Will growth still be very solid in H1 2019? - Edenred is due to report its H1 2019 results on 23 July before market. We forecast total H1 revenues of € 770m (consensus € 765m), with reported growth of 15.8%, of which operating revenues of € 743m (+16.1%) and financial revenues of € 27m (+7.5%).We forecast very brisk H1 2019 organic growth of 12.8% for the group (consensus at 12.9%), underpinned by all of the divisions. This is in spite of a slightly slower pace ...
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

Matthias Desmarais

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