Edenred: 9m sales up 18.1%

(CercleFinance.com) - Edenred has posted total revenue of 1,170 million euros for the first nine months of 2019, up 18.
1%, with changes in its consolidation scope having a positive effect of +5%, currency effects of -1.2% and like-for-like growth of 14.3%.

For Q3, the prepaid service ticket group recorded total revenues of 393 million euros, up 20.7% as reported, including like-for-like growth of 13.8%.

For FY 2019, Edenred has confirmed its target for EBIT of between 520 million and 550 million euros and its medium-term annual targets, including organic growth in operating EBIT of over 9%.


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