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Quadient S.A. (0NQ5.L)

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1,091,900,032.00+36.00 (+0.00%)
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  • Globe Newswire

    Quadient upgrades its full-year 2020 outlook

    Quadient upgrades its full-year 2020 outlook Paris, 21 January 2021 Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, today upgrades its full-year 2020 outlook (fiscal year ending on 31 January 2021). Despite the impact of the lasting COVID-19 situation, and the fiscal year 2020 has not yet concluded, Quadient’s level of activity during the fourth quarter is delivering better than expected. This confirms the improved business trend recorded in the third quarter, driven especially by stronger sales growth in Parcel Locker Solutions, positively impacting the Group’s overall organic growth performance. Moreover, free cash flow generation has been much stronger than initially anticipated. Consequently, Quadient now expects for full-year 20201: Organic sales decline of around 8% compared to full-year 2019 (vs. around 9% previously stated);Current EBIT2 in the range of €140 million to €145 million3 (unchanged);Free cash flow4 above €130 million3 (vs. above €100 million previously stated). Geoffrey Godet, Chief Executive Officer of Quadient, commented: “We are very pleased that our most recently updated figures for the fourth quarter of 2020 confirm the strong rebound in revenue trend recorded in the third quarter, despite the resurgence of the COVID-19 pandemic and its economic impact. Our upgraded outlook mainly comes as a result of stronger sales growth in Parcel Locker Solutions, demonstrating the relevance of our smart lockers for retailers, carriers and property managers as consumers demand for convenient, efficient and safe solutions to retrieve deliveries and is compounded by increases in online shopping. In addition, our ongoing efforts to adapt our operating expenses and prioritize our growth investments have contributed to higher free cash flow generation than initially anticipated.” *** About Quadient®Quadient is the driving force behind the world’s most meaningful customer experiences. By focusing on four key solution areas including Customer Experience Management, Business Process Automation, Mail-Related Solutions, and Parcel Locker Solutions, Quadient helps simplify the connection between people and what matters. Quadient supports hundreds of thousands of customers worldwide in their quest to create relevant, personalized connections and achieve customer experience excellence. Quadient is listed in compartment B of Euronext Paris (QDT) and is part of the CAC® Mid & Small and EnterNext® Tech 40 indices. For more information about Quadient, visit https://invest.quadient.com/en-US. Financial calendar 10 February 2021: Education session on Parcel Locker Solutions (event details to be published shortly);30 March 2021: Full-year 2020 results and Capital Markets Day. Contacts Laurent Sfaxi, Quadient+33 (0)1 45 36 61 39l.sfaxi@quadient.comfinancial-communication@quadient.comOPRG FinancialIsabelle Laurent / Fabrice Baron+33 (0)1 53 32 61 51 /+33 (0)1 53 32 61 27isabelle.laurent@oprgfinancial.fr fabrice.baron@oprgfinancial.fr Caroline Baude, Quadient+33 (0)1 45 36 31 82c.baude@quadient.com 1 The indications given up to 2022 as part of the “Back to Growth” plan remain suspended. 2 Current operating income before acquisition-related expenses. 3 Based on H1 2020 average exchange rates. 4 Cash flow after capital expenditure. Attachment PDF

  • Globe Newswire

    Quadient continues reshaping business portfolio with divestment from Graphics activities in Australia and New Zealand

    Quadient continues reshaping business portfolio with divestment from Graphics activities in Australia and New Zealand § Divestment of Australia and New Zealand Graphics activities to Smartech Business Systems Australia Pty who will also become the distributor of Quadient’s Mail-Related Solutions in the region Paris, 21 January, 2021 Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, today announces the divestment of its Graphics activities in Australia and New Zealand to Smartech Business Systems Australia Pty, a technology solutions provider and a long-term partner working with Quadient in the Asia-Pacific region. As part of the transaction, Smartech Business Systems Australia Pty will become the distributor of Quadient’s Mail-Related Solutions in Australia and New Zealand and will continue to serve Quadient’s more than 19,000 customers in the region. Geoffrey Godet, Chief Executive Officer of Quadient, commented: "The divestment of our Graphics activities and the shift to an indirect distribution model for our Mail-Related Solutions in Australia and New Zealand mark another step forward in the execution of our strategic plan, refocusing our operations and reshaping our portfolio. As part of our ‘Back to Growth’ strategy, we remain fully committed to the development of our strategic solutions in our major geographies while continuing to ‘grow, improve or exit’ our Additional Operations.” Quadient’s operations in Australia and New Zealand employ around 140 people and are part of the Group’s Additional Operations. The transaction was closed on 20 January 2021 and the total selling price amounts to AUD $6 million, including AUD $4 million paid at closing and AUD $2 million deferred payments. As a result of the operation, Quadient will recognize non cash non-current charges of approximately €19 million in the income statement for full-year 2020. *** About Quadient®Quadient is the driving force behind the world’s most meaningful customer experiences. By focusing on four key solution areas including Customer Experience Management, Business Process Automation, Mail-Related Solutions, and Parcel Locker Solutions, Quadient helps simplify the connection between people and what matters. Quadient supports hundreds of thousands of customers worldwide in their quest to create relevant, personalized connections and achieve customer experience excellence. Quadient is listed in compartment B of Euronext Paris (QDT) and is part of the CAC® Mid & Small and EnterNext® Tech 40 indices. For more information about Quadient, visit https://invest.quadient.com/en-US. Contacts Laurent Sfaxi, Quadient+33 (0)1 45 36 61 39l.sfaxi@quadient.comfinancial-communication@quadient.comOPRG FinancialIsabelle Laurent / Fabrice Baron+33 (0)1 53 32 61 51 /+33 (0)1 53 32 61 27isabelle.laurent@oprgfinancial.fr fabrice.baron@oprgfinancial.fr Caroline Baude, Quadient+33 (0)1 45 36 31 82c.baude@quadient.com Attachment Quadient_Divestment AU_final_EN

  • Globe Newswire

    Quadient Awarded Gold Medal by EcoVadis for its Commitment to Corporate Social Responsibility

    Quadient Awarded Gold Medal by EcoVadis for its Commitment to Corporate Social Responsibility Quadient receives EcoVadis Gold medal for third year in a rowCompany also obtains “B” Score from CDP for its environmental stewardship Paris, January 14, 2021 Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces its commitment to sustainability and corporate social responsibility (CSR) has been recognized by global rating agencies EcoVadis and CDP (formerly Carbon Disclosure Project). Quadient reached the EcoVadis Gold status and is in the top 1% of companies in its industry category. This marks the third consecutive year EcoVadis has recognized Quadient with the Gold certification. EcoVadis’ rating is based on multiple criteria across 4 themes: environmental stewardship, labor and human rights, sustainable procurement, and ethics. The recognition of Quadient’s performance is the result of the company’s best-in-class policies and practices, notably in the fields of climate change, circular economy, employees health & safety, flexible work conditions (e.g., remote work, flextime), protections for gender diversity and the implementation of an ethics reporting line. Quadient’s commitment toward sustainable environmental practices was also confirmed by achieving a “B” score with CDP, for the third year in a row. CDP uses a detailed and independent methodology to assess companies, allocating a score from A to D based on the comprehensiveness of disclosure, awareness and management of environmental risks, and demonstration of best practices associated with environmental leadership. By achieving a “B” rating, Quadient ranks higher than the global and industry average of its peers. Brandon Batt, chief transformation officer at Quadient, said: “Corporate Social Responsibility is a central focus of our Back to Growth strategy. We are proud of these high ratings that recognize the achievements of our employees around the World. We remain committed to furthering our sustainability efforts in order to optimize the use of our resources and limit pollution in the countries where we live and operate.” EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. EcoVadis certifies companies’ commitment to sustainable development, backed by a powerful technology platform and a rating methodology based on international sustainable development standards, such as the Global Reporting Initiative (GRI), the United Nations Global Compact and ISO 26000. Learn more at www.ecovadis.com. CDP is a non-profit organization that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Through its Score Report, CDP aims to incentivize and guide companies and cities on a journey through disclosure toward becoming a leader on environmental transparency and action. Learn more at https://www.cdp.net/. About Quadient® Quadient is the driving force behind the world’s most meaningful customer experiences. By focusing on four key solution areas including Customer Experience Management, Business Process Automation, Mail-Related Solutions, and Parcel Locker Solutions, Quadient helps simplify the connection between people and what matters. Quadient supports hundreds of thousands of customers worldwide in their quest to create relevant, personalized connections and achieve customer experience excellence. Quadient is listed in compartment B of Euronext Paris (QDT) and is part of the CAC® Mid & Small and EnterNext® Tech 40 indices. For more information about Quadient, visit www.quadient.com. Contacts Joe Scolaro, Quadient Sandy Armstrong, Sterling Kilgore Global Press Relations Manager Account Executive +1-866-883-4260 Ext. 1590 +1-630-964-8500 j.scolaro@quadient.com sarmstrong@sterlingkilgore.com Attachment Quadient_EcoVadis_CDP_EN-final