Edenred : A very good Q3, favourable growth momentum solidly maintained ahead of the CMD
>A very good Q3, positive momentum on growth set to continue - Yesterday before the market open, Edenred published solid Q3 2022 sales, marked by a sequential stabilisation in organic growth (+19.1% after +19.2% in Q2) at a high level, whilst the contribution from the increase in fuel costs was less significant (+2% after +2.5/3.0% in Q2), which is encouraging for underlying activity which benefits from favourable commercial momentum. At the conference call, we also n...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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