Report
Johanna Jourdain ...
  • Matthias Desmarais

Edenred : Résultats S1 le 26/07 : solide momentum de croissance organique

>Résultats S1 : maintien d’une bonne croissance organique au T2 - Nous tablons sur un CA opérationnel de 873 M€ au S1 (+18.6%) laissant apparaitre une croissance organique de 14.9% (consensus 14.3%), soit un T2 à 14.6% quasi équivalent au T1 (malgré des effets de base difficiles, T1 21 à +3.6% mais T2 à 30.6%). Cette excellente performance résulte de i/ une très bonne dynamique commerciale, ii/ une réelle capacité à répercuter la hausse de la valeur faciale autorisée...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch