Report
Martin Marandon-Carlhian ...
  • Stephane Houri

Nexi S.p.A : Q1 2022 > expectations, 2022 guidance maintained but conservative in our view, with April trends very sound

>Positive business trends, despite a valuation at an all-time low at 9.5x EBITDA – Outperform rating maintained - Following the publication of Q1 2022 results that beat estimates and the maintenance of the 2022 guidance, we reiterate our Outperform rating. However, the share lost 3% yesterday, possibly due to Q1 revenue growth that was below that of Worldline at first sight (+7% vs +12%) but which in reality is not comparable (more favourable base of comparison for Wo...
Underlying
Nexi S.p.A.

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.

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
Martin Marandon-Carlhian

Stephane Houri

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