Ingenico : Good management of the health crisis ahead of the takeover by Worldline
>EBITDA well above expectations in H1 - Excellent execution of cost reduction plans and favourable mix effects - Ingenico reported its H1 results yesterday evening. Above all we note that EBITDA was up +10% to € 278m, i.e. well above estimates (consensus = € 232m).This performance does not stem from sales, which dropped sharply, as expected (-8% organically vs consensus = -9% - Q2 = -18% after Q1 = +4% - drop in transaction volumes in retail and orders of termina...Ingenico Group is a business technology company, operating in 125 countries. Co. designs, develops and supplies payment terminals, offering mercantile payment solutions, cross-border and global payment services and certified global service platform. Co.'s services are done around Payment terminals and software; Terminal estate management, security application updates; Connectivity ensuring the terminal-to-bank host connection; Full after-sales service taking charge of every phase in the lifecycle of terminals and software; 24/7, from installation, maintenance & repair to upgrades; Centralization of transactions; End-to-end security - from terminal to bank or processor..
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.