Edenred has announced record net income (group share) of 507 million euros for 2024, and EBITDA of 1.26 billion euros, up 15.7% (+19% on a like-for-like basis), for a margin up 1.3 points to 44.3%.

The payment solutions group posted total revenues of 2.86 billion euros, up 12.2% (+12.4% like-for-like), including operating sales of 2.61 billion (+11.2% like-for-like).

"This new record year illustrates the success of our Beyond strategy and the relevance of the new solutions we are bringing to our corporate customers, their employees and our merchant partners", comments CEO Bertrand Dumazy.

Edenred is proposing a dividend of €1.21 per share for 2024, up 10%. It also confirms its 2025 objectives of EBITDA growth of at least 10% on a comparable basis, and a FCF/EBITDA conversion rate of over 70%.

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