|Bid||43.58 x 100000|
|Ask||44.01 x 100000|
|Day's Range||44.83 - 44.83|
|52 Week Range||30.30 - 46.22|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||39.32|
|Forward Dividend & Yield||0.86 (1.89%)|
|1y Target Est||N/A|
The company, which competes with Sodexo, said it still expected like-for-like operating revenue growth of more than 7 percent this year, as well as like-for-like growth in earnings before interest and tax (EBIT) of more than 9 percent. It reported total revenue in the first quarter of 383 million euros (£332.2 million), up 15.3 percent from a year earlier. JP Morgan said Edenred's operating revenue in the quarter was around 2 percent above analysts' consensus forecast.
PARIS (Reuters) - French meal vouchers and card provider company Edenred (EDEN.PA) is buying U.S. firm Corporate Spending Innovations (CSI) for around $600 million (457 million pounds), in a deal which ...
French prepaid meal voucher and card provider company Edenred (EDEN.PA) said it did not plan to buy a stake in French payments group Ingenico (INGC.PA), potentially leaving the field open for bank Natixis (CNAT.PA) to snap up Ingenico. "Following certain articles published in the press, Edenred would like to specify that it does not plan to carry out any transactions targeting Ingenico’s share capital," Edenred said on Friday. A source told Reuters earlier this month that both French bank Natixis (CNAT.PA) and Edenred had sent letters expressing interest in Ingenico this summer.
Edenred (EDEN.PA) predicted further strong growth in the fourth quarter after it reported a sharp rise in third quarter sales, and said it was monitoring movements within its sector as speculation mounts over bid target Ingenico (INGC.PA). Edenred, which sources have said has expressed interest for French payment service company Ingenico (INGC.PA), said it was closely monitoring developments in the corporate payment sector. Edenred, which competes with caterers Sodexo (EXHO.PA) and Compass (CPG.L), kept its goal for a higher operating profit this year and reiterated it expected ito substantially beat all its key financial metrics this year.
French payments company Ingenico, which is being pursued by business services company Edenred and corporate banking group Natixis, is reviewing its strategic options after lowering its earnings outlook for a second time this year. The company cited weak performance at its arm which processes payments for banks and merchants for the lower outlook, saying it had been hit by adverse currency movements and a fall in earnings, particularly in Europe.
PARIS/LONDON (Reuters) - Ingenico is being pursued by business services company Edenred and corporate banking group Natixis as consolidation in the payments field heats up. Ingenico is having conversations with Natixis but hasn't started talking to Edenred", a source told Reuters on Thursday.