Report
Johanna Jourdain

Edenred : Vue fondamentale positive inchangée mais OC abaissé pour intégrer les récents sujets réglementaires et légaux – discours ouvert sur un buyback

>Procédure en Italie : le montant de 20 M€ reste perçu comme le risque maximum - Lors de notre conférence TMT, Edenred a réitéré que la somme de 20 M€ placée sous séquestre par le procureur de justice italien est considérée comme le montant maximum qui pourrait leur être demandé (+1/3 M€ selon que la perception de fraude est considérée comme volontaire ou non). Il s’agit d’une pratique classique en Italie dans le cadre d’une procédure pénale afin que la justice s’assu...
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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