Nexi S.p.A : Full-year results and change of coverage
>2023 results in line with expectations at the operating level - Nexi just released its 2023 results. operating performances were satisfactory relative to expectations with:organic growth in sales of 7.0% (vs guidance >7%, ODDO BHF = +6.8% and consensus = +6.7% - 2022 = +7.1%). There was an acceleration in Q4 (+6.8%) compared with Q3 (+5.0% - Q2 = +7.3% and Q1 = +9.0%) but on a less demanding base of comparison.EBITDA up 10% pro forma (vs guidance >10%, ODDO...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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