Report
Martin Marandon-Carlhian ...
  • Stephane Houri

Worldline : Roadshow feedback: growth still dynamic, possible tightening of guidance to the top end of the range, valuation at historical low

>Outperform opinion reiterated after a CEO roadshow - We organised yesterday a roadshow in Paris with Worldline’s management (CEO and CFO). Their tone was highly positive on many subjects (2023 guidance, resilience of sales, technology, pricing power and continued M&A). After excellent Q2 results, business trends remain strong and we think that a tightening of organic growth guidance to the top end of the range (9/10% vs 8/10%) is even possible in Q3. Organic growth ...
Underlying
Worldline SA

Worldline is a financial transaction processing company based in France. Co's operations are organized along three segments covering payments and digital services: Merchant Services & Terminals (facilitating consumer engagement around end-to-end e-payment transactional services on any device – before, during and after the point of sale); eMobility and eTransactional Services (assists businesses and governments in developing new digital services enabling strategic digital transformation); and Financial Processing & Software Licensing (provides processing services to banks and financial institutions for managing card-based and online cashless payments).

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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