Worldline: EBITDA margin down in H1 2020
(CercleFinance.com) - Worldline has posted normalised diluted EPS that is down 5.
8% at 0.62 euro for the first half of 2020, while its EBITDA reached 246.3 million euros, meaning a margin of 22.6%, down 170 bp in organic terms.
The Payment Solutions group's revenue reached 1,089.2 million euros, down 5.7% in organic terms - in particular with revenues from merchant services being hit by store closures and lockdown measures.
Based on the assumptions detailed when it announced its Q1 revenues, which to date have been confirmed, Worldline confirms that it expects financial performance in 2020 to be broadly comparable to that of 2019.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
8% at 0.62 euro for the first half of 2020, while its EBITDA reached 246.3 million euros, meaning a margin of 22.6%, down 170 bp in organic terms.
The Payment Solutions group's revenue reached 1,089.2 million euros, down 5.7% in organic terms - in particular with revenues from merchant services being hit by store closures and lockdown measures.
Based on the assumptions detailed when it announced its Q1 revenues, which to date have been confirmed, Worldline confirms that it expects financial performance in 2020 to be broadly comparable to that of 2019.
Copyright (c) 2020 CercleFinance.com. All rights reserved.