Worldline : The lack of a conclusion to the strategic review at this stage is disappointing, but the sanction is perhaps a little harsh …
>Severe sanction – Outperform reiterated but target price cut to € 85 - The Worldline share fell strongly yesterday (-8.9% at the close) following the H1 2021 earnings release (Link to our First Take and detailed figures), due, in our view, to the lack of a conclusion to the strategic review of the terminals business. That the market would punish the lack of an expected announcement is logical. Yet yesterday’s reaction looks slightly excessive. The market capitalisat...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).
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.