Previous close | 52.75 |
Open | 52.70 |
Bid | 51.74 x 0 |
Ask | 52.94 x 0 |
Day's range | 51.88 - 52.76 |
52-week range | 42.50 - 54.54 |
Volume | |
Avg. volume | 328,333 |
Market cap | 13.054B |
Beta (5Y monthly) | 0.69 |
PE ratio (TTM) | 49.07 |
EPS (TTM) | 1.07 |
Earnings date | N/A |
Forward dividend & yield | 0.90 (1.78%) |
Ex-dividend date | 07 Jun 2022 |
1y target est | N/A |
(Reuters) -Edenred on Tuesday beat full-year core profit expectations, as companies used the French group's gift cards and other vouchers to help staff with the cost of living crisis and to retain employees in a tight labour market. Voucher providers have adapted their products to the more challenging economic environment, which has helped to drive growth, while staff shortages pushed employers to spend more on workers' benefits in 2022. Edenred, known for its "Ticket Restaurant" vouchers, said part of the positive impact of these measures was still to come.
2022 annual results Edenred’s results break new records, driven by top line growth of 25% in 2022 Further acceleration of growth in 2022, notably in the fourth quarter, fueled by the Group’s business and innovation momentum Further penetration in markets still largely underpenetrated across the three business lines, notably in the SME segmentIncreased use of Edenred solutions to improve employees’ purchasing power, be it Ticket Restaurant® or Beyond Food solutions (employee engagement, mobility)
Edenred innovates with more sustainable and more inclusive solutions for people with disabilities Edenred, the leader in earmarked funds solutions in France and worldwide, is enhancing its Ticket Restaurant® and Kadéos solutions. As of December 2022, all new cards issued are eco-designed and come with completely reimagined user kits that use considerably less paper. The new Ticket Restaurant card has also been conceived for easier use by workers with disabilities. These innovations join other fe