Edenred : What to expect from the H1 2023 earnings publication?
>Q2: another quarter of robust growth despite the fuel price headwind - Edenred will release its H1 2023 results on 25 July before the start of trading. The group’s growth should remain very robust, although it is set to be market by a sequential slowdown in Q2 due to an effect that is now negative, related to fuel prices. As such, we forecast total revenues of € 1,141m in H1 (+24% on a reported basis, consensus € 1,132m), including operating revenues of € 1,068m (con...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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