Edenred : Feedback from the road show in the US (CFO): favourable momentum set to continue in H2
>Growth potential remains robust - 2023 should be another year of strong sales growth for Edenred, which should be passed on to EBITDA (guidance for € 1,020-€ 1,090m, which implies reported growth of +22-30% vs 2022). The group has observed no signs of a slowdown for the time being and expects activity to remain robust in H2. As such, activity should continue to be buoyed by structural growth drivers, i.e. the under-penetration of Edenred’s markets (30% penetration ra...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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