PARIS, November 29, 2011 - 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.
PARIS, October 17, 2011 - - Revenueforthequarterup11.3%, liftinggrowthforthefirstninemonthsto10.3% •Issue volume for the first nine months up 9.7%, including a 9.1% increase in the third quarter - Strong momentum in Latin America - Modest increase in Europe •Revenue for the first nine months up 10.3%, led by an 11.3% gain in the third quarter - Strong rise in operating revenue, in line with issue volume growth - Sharply higher financial revenue •Annual targets confirmed: - 6% to 14% like-for-like growth in issue volume - EBIT of €340 million to €360 million (All growth rates are on a like-for-like basis) 2010 (9 months) (in EUR millions) 2011 (9 months) % change (reported) (L/L) Issue volume 9,843 10,844 10.2% 9.7% Operating revenue 629 678 7.8% 9.6% Financial revenue 58 68 18.2% 17.9% Total revenue 687 746 8.6% 10.3% ISSUE VOLUME FOR THE FIRST NINE MONTHS UP 9.7% LIKE-FOR-LIKE Issue volume for the first nine months of 2011 amounted to €10,844 million, up 9.7%like-for-like.
PARIS, August 25, 2011 - -Performance Reflecting Business Model's Robustness and First Effects of the Strategy Implementation, After One Year as a Standalone Company Robust like-for-like performance in first-half 2011 Issue volume up 10.0% to €7,264 million EBIT up 12.1% to €167 million Recurring profit after tax up 31.3% to €96 million Funds from operations (FFO) up 20.2% to €119 million Results that reflect the Group's long-term strategy, focused on: Issue volume organic growth in the core business Objective confirmed: normalized growth in issue volume of between 6% and 14% per year like-for-like Accelerating the digital transition Objective confirmed: paperless solutions to account for 50% of issue volume by 2012 Full-year 2011 EBIT target: €340 million to €360 million The consolidated financial statements for the six months ended June 30, 2011 were approved by the Board of Directors on August 24, 2011.
PARIS, August 16, 2011 - Edenred announced today that it has sold its Australian subsidiary Davidson Trahaire, a human resources consultancy specialized in employee assistance programs and other corporate psychology services.
PARIS, July 18, 2011 - Sustained growth in issue volume, up 10.9% in the second quarter and 10.0% in the first half Strong momentum in Latin America Improvement in Europe, reflecting first signs of stabilization in Central Europe Solid increase in operating revenue, up 11.7% in the second quarter and 9.2% in the first half, led by favorable business trends and a gradual stabilization in client fee rates in certain countries Sharp rise in financial revenue, up 19.0% in the second quarter and 16.0% in the first half, lifted by: Higher interest rates and an increased float in Latin America Gradual improvement in Europe thanks to a slight upturn in interest rates First half First half % change % change (in EUR millions) 2010 2011 (reported) (like-for-like) Issue volume 6,615 7,264 +9.8% +10.0% Operating revenue 422 456 +8.1% +9.2% Financial revenue 39 44 +14.8% +16.0% Total revenue 461 501 +8.6% +9.8% FIRST-HALF ISSUE VOLUME UP 10.0% LIKE-FOR-LIKE Issue volumeamounted to €7,264 million in the first half of 2011, up 10.0% like-for-like and 9.8% as reported.
- Edenred: Sustained First Quarter Growth: Issue Volume up 11.9% and Revenue up 9.8% as Reported
- Edenred: 2010, the Founding Year: Creation of a World Leader who Reached its Objectives
- Edenred: Issue Volume up 10.0% Like-for-Like(1) in 2010, of Which 10.7% in the Fourth Quarter, in Line With the Mid-term Guidance of 6% to 14% a Year
- Edenred: Acquisition of Italian Meal Voucher Company
- Edenred: Acquisition of Romania's Fourth-Largest Provider of Meal and Gift Vouchers
- Faster Growth in Issue Volume, Up 13.7% in the Third Quarter
- Edenred Raises EUR800 Million Through a Bond Issue
- A Strong Performance Considering the Economic Environment