
Edenred: record NI in 2024
(CercleFinance.com) - Edenred has announced record net income (group share) of E507m for 2024, with EBITDA of E1.
26bn, up 15.7% (+19% LFL), for a margin that is up 1.3 point at 44.3%.
The payment solutions group posted total revenues of E2.86bn, up 12.2% (+12.4% LFL), including operating sales of E2.61bn (+11.2% LFL).
This new record year illustrates the success of our Beyond strategy and the relevance of the new solutions we are bringing to our corporate customers, their employees and our merchant partners, said CEO Bertrand Dumazy.
Edenred is proposing a dividend of E1.21 per share for 2024, up 10%. It also confirms its 2025 targets of EBITDA growth of at least 10% on a comparable basis, and a FCF/EBITDA conversion rate of over 70%.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
26bn, up 15.7% (+19% LFL), for a margin that is up 1.3 point at 44.3%.
The payment solutions group posted total revenues of E2.86bn, up 12.2% (+12.4% LFL), including operating sales of E2.61bn (+11.2% LFL).
This new record year illustrates the success of our Beyond strategy and the relevance of the new solutions we are bringing to our corporate customers, their employees and our merchant partners, said CEO Bertrand Dumazy.
Edenred is proposing a dividend of E1.21 per share for 2024, up 10%. It also confirms its 2025 targets of EBITDA growth of at least 10% on a comparable basis, and a FCF/EBITDA conversion rate of over 70%.
Copyright (c) 2025 CercleFinance.com. All rights reserved.