Edenred : A growth voucher for 2022!
>Full-year results a shade above forecasts - Operating revenues came in at € 1,583m with organic growth of 13.9% showing only a marginal sequential slowdown in Q4 at 12.4% (Q3 +12.7%). Relative to 2019, operating revenues were up 11% l-f-l, supporting the group’s strong growth momentum across all businesses and regions. EBITDA reached the top end of the guidance range at € 670m underlining an improvement in the margin of close to 160bp to 41.1% (equivalent level to 2...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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