Edenred: Q1 revenues up 14.1%
(CercleFinance.com) - Edenred has posted total Q1 2019 revenue of 383 million euros, up 14.
1% like-for-like and up 15.3% on a reported basis (with a positive impact from changes in its consolidation scope, unfavourable currency effects and a negative impact from Venezuela).
Operating revenue reached 369 million euros over the first three months of 2019, up 14.2% like-for-like and 15.6% as reported, led by double-digit growth in all business lines and geographical areas.
"The quarter's revenue also includes several promising, targeted acquisitions... This good start to 2019 fills us with confidence as we look to the rest of the yea," said the prepaid service voucher group's Chairman and CEO, Bertrand Dumazy.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
1% like-for-like and up 15.3% on a reported basis (with a positive impact from changes in its consolidation scope, unfavourable currency effects and a negative impact from Venezuela).
Operating revenue reached 369 million euros over the first three months of 2019, up 14.2% like-for-like and 15.6% as reported, led by double-digit growth in all business lines and geographical areas.
"The quarter's revenue also includes several promising, targeted acquisitions... This good start to 2019 fills us with confidence as we look to the rest of the yea," said the prepaid service voucher group's Chairman and CEO, Bertrand Dumazy.
Copyright (c) 2019 CercleFinance.com. All rights reserved.