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Press release

Finance 25 March 2020

Availability of the 2019 Universal Registration Document – Suspension of 2020 targets

Edenred has published its 2019 Universal Registration Document, filed with the French Financial Markets Authority (Autorité des marchés financiers – AMF) on March 25, 2020.

This document is available on the AMF’s website and on Edenred’s website at:

The 2019 Universal Registration Document includes:

  • the annual financial report (the cross-reference table of which appears on page 367 of the 2019 Universal Registration Document, to make this information easier to find);
  • the report on corporate governance prepared by the Board of Directors as well as the related Statutory auditors’ findings (pages 124 to 182 and page 268 of the 2019 Universal Registration Document, respectively); and
  • a description of the share buyback program subject to the authorization of the Combined General Meeting dated May 7, 2020 (page 37 of the 2019 Universal Registration Document). 

Paper copies are available at Edenred’s registered office (Direction de la Communication financière, Immeuble Be Issy, 14-16 boulevard Garibaldi, 92130 Issy-les-Moulineaux – France).
 

2020 outlook

On February 26, 2020, Edenred published its 2019 annual results and stated its outlook for full-year 2020. This outlook has been updated due to the uncertainties linked to the Covid-19 epidemic.

This epidemic will have an impact on the Group’s business, the extent of which is not possible to estimate as at the date this Universal Registration Document was filed. The impact will depend, among other things, on the duration of the epidemic, the containment measures implemented by the various countries in which Edenred operates, and the use of short-time working by some of the Group’s clients.

Due to these uncertainties, the Group has suspended its targets for full-year 2020 until it has better visibility of the financial impacts of the epidemic.
 
The Group is taking appropriate measures to reduce the consequences of the epidemic on its business and earnings.

Download the press release
 

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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Press contacts

Matthieu SANTALUCIA

Media relations

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