Worldline: Q1 organic growth of 2.5%

(CercleFinance.com) - Worldline posted sales of just under E1.
1bn for Q1 2024, representing organic growth of 2.5%, with a 3.9% increase in merchant services more than offsetting a 1.4% decline in financial services.

The Merchant Services division proved resilient to the current macroeconomic context and to the termination of contracts with merchants, thanks to underlying growth in acceptance activities and the commercial momentum in Italy.

The payment solutions group confirms its targets for 2024, namely at least +3% organic growth in sales, at least E1.17bn in adjusted EBITDA and at least E230m in FCF.


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