From Nasdaq: 2025-02-18 02:59:53

Edenred SE reported a surge in earnings for fiscal 2024, with net profit reaching EUR 507 million, up from EUR 267 million the previous year. Earnings per share increased to EUR 2.07, while adjusted profit remained at EUR 507 million. Operating revenue rose to EUR 2.60 billion, with revenue reaching EUR 2.86 billion. The company proposed a 10% increase in dividend, with a cash payment of EUR 1.21 per share for 2024. Looking ahead, Edenred aims for at least 10% like-for-like EBITDA growth and a free cash flow-to-EBITDA conversion rate above 70%.



Read more at Nasdaq: Edenred FY24 Earnings Rise, Lifts Dividend; Reaffirms FY25 Targets