on EDENRED (EPA:EDEN)
Edenred Updates Investors on Strategic Goals for 2025 and Beyond
Edenred has reaffirmed its strategic objectives for 2025, following the successful implementation of its Beyond22-25 plan. The company has exceeded financial targets, doubling in size within three years. Entering 2025, Edenred aims for at least 10% like-for-like EBITDA growth, despite potential regulatory changes in Italy. It plans to extend its share buyback program to €600 million over the next three years.
CEO Bertrand Dumazy highlighted Edenred's market expansion, strengthening its core and diversifying services. The growth has allowed investments in new solutions like electric vehicle recharging and employee engagement. The company also focuses on cost optimization to improve operating margins.
Edenred's improved business model offers more recurring revenue, anticipating over €5 billion in revenue by 2030. A consistent increase in customer base and revenue per customer supports this growth. The company maintains a balanced capital allocation policy, emphasizing technological investment and shareholder returns.
R. E.
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