Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Edenred    EDEN   FR0010908533

EDENRED

(EDEN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Edenred opposes the decision of the French Antitrust Authority and will appeal

share with twitter share with LinkedIn share with facebook
share via e-mail
12/18/2019 | 06:00am EST

Press release
December 18, 2019 

Edenred opposes the decision of the French Antitrust Authority and will appeal

Edenred has taken note of the French Antitrust Authority’s decision as notified today to French meal voucher industry association Centrale de Remboursement des Titres and to several French companies operating in the meal voucher sector, including Edenred France.

Edenred categorically denies the two allegations made by the French Antitrust Authority.

Edenred will appeal the Antitrust Authority’s decision before the Paris Court of Appeal and request that it be set aside.

Edenred does not share the Antitrust Authority’s analysis, notably its assessment of competition on the French meal voucher market. The abundance of players, the wealth of innovations and the diversity of solutions, notably digital ones, offered to clients, merchants and users, attest to the openness and highly dynamic nature of the meal voucher market in France.

▬▬

Edenred is the everyday companion for people at work. Its leading intermediation platform connects 50 million employees and 2 million partner merchants via 830,000 corporate clients, across 46 countries. Thanks to its global technology assets, the Group managed 2.5 billion specific purpose payment transactions in 2018, primarily carried out via mobile applications, online platforms and cards, and representing nearly €30 billion in business volume.
Edenred’s 10,000 staff are driven by a commitment to improving employees’ quality of life, increasing companies’ efficiency and boosting merchants’ revenues. They achieve this through three business lines:

  • Employee Benefits (food, meals, well-being, leisure, culture and human services)
  • Fleet & Mobility Solutions (fuel, tolls, maintenance and business travel)
  • Complementary Solutions, including Corporate Payment Services (virtual payment cards, identified wire transfers and supplier payments), Incentive & Rewards (gift cards and platforms, and incentive programs), and Public Social Programs.

For more information: www.edenred.com

The logos and other trademarks mentioned and featured in this press release are registered trademarks of Edenred S.A., its subsidiaries or third parties. They may not be used for commercial purposes without prior written consent from their owners.

▬▬

CONTACTS

Head of Communications

 

Marie-Laurence Bouchon
+33 (0) 1 86 67 20 08
marie-laurence.bouchon@edenred.com

 

Media Relations

 

Matthieu Santalucia
+33 (0) 1 86 67 22 63
matthieu.santalucia@edenred.com
Investor Relations

 

Solène Zammito
+33 (0) 1 86 67 23 13
solene.zammito@edenred.com 

 

Loïc Da Silva
+33 (0) 1 86 67 20 67
loic.dasilva@edenred.com 

 

 

 
   

 

Attachment

Primary Logo


© GlobeNewswire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on EDENRED
02/21EDENRED : annual earnings release
02/13Edenred ties social and environmental criteria to one of its financing instru..
GL
02/03Worldline's $8.7 billionico deal to create European payments leader
RE
02/03Worldline's $8.7 billion Ingenico deal to create European payments leader
RE
01/31EDENRED : Monthly statement on outstanding equity shares and voting rights
CO
01/23BNP Paribas, other French firms to open innovation hub for Brazil startups
RE
01/08Edenred strengthens its leadership position in the United Arab Emirates payro..
GL
01/08EDENRED : strengthens its leadership position in the United Arab Emirates payrol..
GL
01/06EDENRED : Half-yearly report relative to the liquidity contract as of December 3..
PU
2019French antitrust body fines meal vouchers cartel 415 million euros
RE
More news
Financials (EUR)
Sales 2019 1 612 M
EBIT 2019 540 M
Net income 2019 315 M
Debt 2019 1 174 M
Yield 2019 1,90%
P/E ratio 2019 37,7x
P/E ratio 2020 32,7x
EV / Sales2019 8,20x
EV / Sales2020 7,26x
Capitalization 12 045 M
Chart EDENRED
Duration : Period :
Edenred Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EDENRED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 46,50  €
Last Close Price 49,51  €
Spread / Highest target 21,2%
Spread / Average Target -6,08%
Spread / Lowest Target -37,4%
EPS Revisions
Managers
NameTitle
Bertrand Dumazy Chairman & Chief Executive Officer
Elie Du Pré de Saint Maur COO, Executive Vice President-Marketing & Strategy
Patrick Bataillard Executive Vice President-Finance
Dave Ubachs EVP-Digital & Information Technology
Jean-Paul Bailly Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
EDENRED7.40%13 084
CINTAS CORPORATION9.02%30 436
TELEPERFORMANCE10.40%15 306
INTERTEK GROUP PLC-0.14%12 195
RENTOKIL INITIAL12.23%12 137
BUREAU VERITAS SA6.62%12 038