Nexi S.p.A : A very confident message, with the assumption of possible double-digit growth in 2021
>Q4 2020 and FY 2020 results a shade above forecasts - Yesterday afternoon, Nexi published Q4 2020 results that came in a shade above forecasts. Net revenues were stable y-o-y at € 290m (consensus at € 281m). EBITDA was € 172.5m (consensus at € 162m), i.e. a margin of 59.4%. For 2020, revenues therefore came in at € 1,044m (consensus at € 1,030m) and EBITDA was € 601.4m, beating the group’s guidance for +/- € 600m, our € 598m estimate and the consensus forecast of € 5...Nexi SpA. Nexi SpA is an Italy-based financial technology company. The Company is specialized in the payment technology field offering digital services and infrastructure to banks, businesses, institutions and the public administration.
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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