Worldline: normalised net profit up 20% in 2020
(CercleFinance.com) - Worldline has published normalised net income group share (excluding non-recurrent items) that is up 20.
2% at 361 million euros, with a FY OMDA (operating margin before depreciation and amortisation) margin that is up 60 basis points at 25.5%.
The payment solutions group's revenue came in at 2.75 billion euros, down 4.6% in organic terms, with business hit by measures relating to Covid-19 and the impact this had on European economies.
For 2021, Worldline expects about 5% - or more - organic growth in revenues, and an OMDA margin that is up around 200 basis points from the pro-forma 2020 figure of 23.9%.
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2% at 361 million euros, with a FY OMDA (operating margin before depreciation and amortisation) margin that is up 60 basis points at 25.5%.
The payment solutions group's revenue came in at 2.75 billion euros, down 4.6% in organic terms, with business hit by measures relating to Covid-19 and the impact this had on European economies.
For 2021, Worldline expects about 5% - or more - organic growth in revenues, and an OMDA margin that is up around 200 basis points from the pro-forma 2020 figure of 23.9%.
Copyright (c) 2021 CercleFinance.com. All rights reserved.