Press release

Finance 11 February 2016

2015 Annual Results

Edenred announces a strong like-for-like growth in issue volume and earnings.

Informations financières

Edenred announces a strong like-for-like growth in issue volume and earnings.

  • The key figures:
    • A +8.7% increase in issue volume to €18,273 million
    • An operating flow-through ratio of 50.3%
    • A +9.7% increase in EBIT to €341 million
    • A +12.5% increase in funds from operations to €280 million
  • Profitability maintained at a high level, with reported EBIT stable year-on-year despite a negative currency effect over the period.
  • Net profit, Group share of €177 million, up 7.7%.
  • Recommended dividend of €0.84 per share, representing a payout ratio of 96%.

 

Key achievements in 2015, in line with the Group's strategy

  • Robust growth in Employee Benefits solutions (up 6.7% like-for-like).
  • Expense Management solutions increased by a sharp 21.5% like-for-like over the year, and now represent a 16% share of the Group's total issue volume.
  • Strategic acquisitions in Employee Benefits with an increase in the Group's stake in ProwebCE in France, and in Expense Management with the acquisition of a 34% stake in UTA in Germany and the announcement of the creation of a joint venture with Embratec in Brazil at the beginning of 2016.
  • Ongoing shift to digital solutions, which accounted for 65.4% of issue volume at end-2015.

 

 

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. 
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

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Matthieu SANTALUCIA

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By phone: +33 (0)6 83 54 12 10