Report
Johanna Jourdain

Edenred : News strategic plan that illustrates strong potential, with credible financial targets

>Significant levers for growth, both structural and cyclical - At the CMD in London yesterday, Edenred reiterated its structural growth drivers, including: 1/ the underpenetration of its markets (penetration rate of 30% in employee benefits, 35% in fleet & mobility and 10% in corporate payment), 2/ the generalisation of new usage (teleworking, employee loyalty, meal delivery) and 3/ the digitalisation of distribution and payment methods (websales, mobile payment, etc....
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

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