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Edenred ready for acquisitions in Europe and the United States

2021-03-02T18:29:08.168Z


The parent company of Ticket Restaurant is blamed for the health crisis but remains confident for 2021.


The global health crisis has not spared Edenred.

The French prepaid services group, active in 46 countries, suffered from its consequences.

But he nevertheless limited the breakage.

It remained profitable, its net profit falling 23.7% to 238 million euros, while turnover fell 9.9% to 1.46 billion.

“We have demonstrated our ability to grow strongly at the start of the year, then to limit the erosion of income at the height of the health crisis, thanks in particular to the strong digitization of our solutions, before returning to the path of growth as soon as possible. the third quarter of

2020

",

believes the group.

But investors have freshly welcomed these results.

The share of the parent company of Ticket Restaurant has sold more than 3% on the Paris Stock Exchange in an almost stable market.

Read also:

Ticket Restaurant to help restaurateurs in difficulty

The group is however confident in its ability to return to growth.

"The best is yet to come for Edenred

",

summarizes Bertrand Dumazy, CEO of the group.

However, it will take

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Source: lefigaro

All business articles on 2021-03-02

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