Edenred: H1 income up over 16%
(CercleFinance.com) - Edenred has reported a 16.
3% increase in H1 2024 net income (group share) to E235m, with a 23.7% increase in EBITDA to E597m, giving a margin that is up 1.8 point at 42.8%.
Total revenue for the payment solutions group rose by 18.5% to over E1.39bn, with operating sales up 16% to E1.27bn (+15.4% LFL).
From energy cards to toll and maintenance services, our mobility solutions continue to be a great success with fleet managers, it says. Edenred has specified its targets for 2024, with EBITDA now expected between E1.23bn and E1.3bn, compared with E1.09bn in 2023. It also reiterates its ambition to achieve total revenues of over E5bn by 2030.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
3% increase in H1 2024 net income (group share) to E235m, with a 23.7% increase in EBITDA to E597m, giving a margin that is up 1.8 point at 42.8%.
Total revenue for the payment solutions group rose by 18.5% to over E1.39bn, with operating sales up 16% to E1.27bn (+15.4% LFL).
From energy cards to toll and maintenance services, our mobility solutions continue to be a great success with fleet managers, it says. Edenred has specified its targets for 2024, with EBITDA now expected between E1.23bn and E1.3bn, compared with E1.09bn in 2023. It also reiterates its ambition to achieve total revenues of over E5bn by 2030.
Copyright (c) 2024 CercleFinance.com. All rights reserved.