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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Ingenico Group    ING   FR0000125346

INGENICO GROUP

(ING)
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Ingenico : Newpharma partners with Ingenico ePayments to grow the online pharmacy industry

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11/06/2019 | 01:15am EST

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, has partnered with Newpharma, the Belgian e-pharmacy business, to deliver a payment experience that meets the security needs of online pharmaceutical buyers and supports its ambitious growth plans.

Newpharma was established in 2008 with the ultimate goal of bringing the pharmacy industry online - and transforming one of the world's oldest professions. Four months after its first sale, Newpharma received authorization to sell non-prescription medication online. Now non-prescription medication accounts for 15% of Newpharma sales, with a large proportion of those sales coming from France and the Netherlands.

With much demand coming from beyond its domestic market - and due to the potentially sensitive nature of e-pharmacy purchases - Newpharma required a payments provider that could promise flawless processing of international sales and the protection of personal information.

Ingenico ePayments' platform allows Newpharma to tailor the payment experience to the requirements of international markets, including language, currency and preferred payment method. This guarantees an easy-to-use, secure and smooth checkout process for customers, which ultimately reduces basket abandonment rates and protects consumer data.

Disclaimer

Ingenico Group SA published this content on 06 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 November 2019 06:14:00 UTC

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Financials (EUR)
Sales 2019 3 378 M
EBIT 2019 477 M
Net income 2019 243 M
Debt 2019 1 442 M
Yield 2019 1,44%
P/E ratio 2019 25,8x
P/E ratio 2020 22,0x
EV / Sales2019 2,18x
EV / Sales2020 1,99x
Capitalization 5 914 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 97,33  €
Last Close Price 94,84  €
Spread / Highest target 13,9%
Spread / Average Target 2,62%
Spread / Lowest Target -15,6%
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Nicolas Huss Chief Executive Officer & Director
Bernard André Joseph Bourigeaud Chairman
Michel-Alain Proch Chief Financial Officer
Paula Felstead Chief Technology Officer
Xavier Moreno Independent Non-Executive Director
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