arrow-thincheckemaillocationphone

You are here

July 24, 2015

First-half 2015: solid growth in business and financial results

On 24 July 2015, Edenred announces solid growth in business and financial results.

Strong like-for-like improvement in financial results in the first half of 2015, with:

  • Issue volume up 9.6% like-for-like to €9 110 million, reflecting dynamic growth in Latin America (up 15.2%), a good performance in Europe (up 3.5%) and strong growth in the Rest of the World (up 16.4%).
  • Total revenue up 7.8% like-for-like to €539 million, reflecting a 9.1% rise in operating revenue with issue volume and a stable financial revenue. 

Sustained improvement in financial results on a reported basis, with:

  • EBIT up 11.5%.
  • Recurring earnings per share up 10.7%.

Annual like-for-like targets confirmed.

First-half key facts

Increased stake in ProwebCE

On March 25, 2015, Edenred and the ProwebCE management team joined forces to acquire 100% of the capital of ProwebCE, the French leader in solutions for works councils. 

Finalization of the acquisition of a 34% stake in Union Tank Eckstein (UTA) in Germany

On February 27, 2015, Edenred finalized its acquisition of a 34% stake in UTA, a leading issuer of fuel cards for heavy vehicle fleets in Europe. The transaction represents an investment of around €150 million and will be accretive to earnings as from 2015.Placement bond issue. 

New partnership with Daimler in Brazil 

With more than 25 years of experience in Brazil's fuel card market via Ticket Car®, its flagship solution, Edenred partners with the Daimler group to launch MercedesServiceCard, a service card co-branded with Ticket Car® and intended for the Brazilian road transportation market.

Further progress in the shift to digital 

At the end of first-half 2015, digital solutions accounted for 66% of the Group's issue volume.

 

Read more

News • Event

Edenred celebrates ten years of commitment and...

2 July 2020

Press release • Finance

Edenred successfully issues €600 million in bonds

10 June 2020

Results of the 2019 dividend reinvestment plan

Press release • Finance

Results of the 2019 dividend reinvestment plan

4 June 2020

Edenred, engagé pour  mettre l'environnement au cœur de la reprise économique

News • Social responsability

Edenred committed to putting the environment at the heart...

2 June 2020

Press release • Finance

Edenred now owns 100% of UTA

19 May 2020