Mastercard: Q2 net profit up 41%
(CercleFinance.com) - MasterCard shares are up 2% in early trading on Thursday after the group reported a 41% increase in adjusted net profit to 1.
9 billion dollars for Q2 2021, i.e. 1.95 dollar per share, with its adjusted operating margin improving by 1.3 points to 53.2%.
The payment solutions group's revenues rose 36% to 4.5 billion dollars (+31% excluding FX factors), with growth benefiting from the continued recovery in domestic and cross-border spending, it said.
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