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Press release

Events 29 November 2011

First Edenred Investor Day: Poised to Conquer 2012

Growth built on innovation.

On its first Investor Day, Edenred is providing a detailed look at the two core components of its “Conquer 2012” strategy: 

Continue to drive organic issue volume growth in the core business, in particular by creating and deploying new solutions. 

Edenred is focusing on four drivers to achieve its issue volume organic growth objective of 6% to 14% per year: 

  • Increase penetration rates in existing markets in order to drive up issue volume by 2% to 5%. 
  • Create new solutions and deploy existing ones, gradually ramping up to achieve 2% to 4% annual growth after 2012 once the organization and resources needed to launch and deploy innovative solutions have been implemented. 
  • Extend geographical coverage, ramping up in six to eight new countries between now and 2016, which will add 1% to 2% to issue volume growth after 2014. 
  • Increase face values with the aim of lifting issue volume by 1% to 3%. 

In addition to leveraging these four organic growth drivers, the Group will carry out targeted acquisitions that will be quickly accretive to earnings, thereby consolidating its leadership position in existing markets. 

Accelerate the transition to digital solutions, paving the way for new growth opportunities. 

Stepping up the digital transition will enable the Group to achieve electronic issue volume of 50% in 2012 versus 34% at end-2010. By 2016, more than 70% of Group issue volume will be in digital format. 

For Edenred, whose business model combines robust growth and significant cash flow generation, the “Conquer 2012” objectives are in line with a long-term strategy to ensure that the Group enjoys strong, steady growth in the years beyond 2016.

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 60 million users and more than 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), engagement (such as gift cards and engagement platforms), mobility (such as multi-energy solutions, including EV charging, maintenance, toll and parking) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency,and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and sustainable mobility.

Edenred’s 12,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day.

In 2023, thanks to its global technology assets, the Group managed €41 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40, CAC 40 ESG, CAC Large 60, Euronext 100, Euronext Tech Leaders, FTSE4Good and MSCI Europe.

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Matthieu SANTALUCIA

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By phone: +33 (0)6 83 54 12 10