Report
Martin Marandon-Carlhian ...
  • Stephane Houri

Worldline : In the cold light of day, we still think that the punishment is too severe

>The reasons for anger are many, but not all are justified - After the publication of Q3 results that fell slightly short of expectations and despite the unveiling of its new 2024 plan, which we deem satisfactory, Worldline has lost 25%, around € 4.4bn in market capitalisation, i.e. close to € 10bn since Q2. Many reasons have been alluded to, some fair, other questionable: 1/ the disappointing Q3, 2/ 2024 targets are perceived as not being credible, or not sufficientl...
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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