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

edenred_sponsoring_second_edition

Press release • Event

Edenred sets sail for the second year in a row

edenred_mexico_launches_g500_fleet

News • Development

Edenred Mexico launches G500 Fleet, the new payment...

15 March 2019

edenred_belgium_s_mobility_solution_gets_mobility_moving

News • Development

Edenred Belgium's Mobility Solution gets mobility moving

11 March 2019

vivatech_2019_edenred_launches_a_professional_mobility_innovation_challenge

News • Event

VivaTech 2019: Edenred Launches a Professional Mobility...

11 March 2019

edenred_commits_to_equality_in_the_workplace_by_signing_the_diversity_charter

News • Communications

Edenred commits to equality in the workplace by signing the...

8 March 2019