Edenred: FY earnings up 5%

(CercleFinance.com) - Edenred has published FY 2018 net income, group share that is up 5.
2% at 254 million euros and proposes a dividend of 0.86 euro per share, representing a payout ratio of 80% of this result.

The provider of prepaid services vouchers reported an operational Ebit margin reached 30.9% over the past year, up two points, for total revenue that is up 4.4% at 1,378 million euros (+11.9% in comparable data).

For 2019 Edenred has confirmed its medium-term targets set in its Fast Froward strategy, saying that it has benefited from the implementation of efficient steps to optimise its operational levers and position as an innovative digital leader.


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