Worldline SA

WLN

Equity

ISIN FR0011981968 / Valor 24715654

Euronext - Euronext Paris (2025-03-14)

EUR 6.97-0.17%

Worldline SA
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Worldline SA is a prominent global provider of digital payment and transactional services, focusing on delivering secure and efficient solutions that facilitate economic growth. The company offers a comprehensive range of services, including point-of-sale systems, online payment processing, and transaction management for businesses and financial institutions. Worldline's expertise extends to sectors such as retail, banking, and transportation, where it provides tailored solutions to enhance customer experience and operational efficiency. With a strong emphasis on security and innovation, Worldline plays a crucial role in the digital economy by enabling seamless and reliable payment processes across various platforms and devices.

Summarized from source with an LLMView SourceSector: Technology

Q3 2024 Revenue Overview

Worldline SA reported its revenue for the third quarter of 2024, amounting to €1,163 million. This represents a 1.1% decline in organic growth compared to the previous year. Despite the overall decrease, the company noted positive underlying growth in its core activities, particularly in Merchant Services and Mobility & Transactional Services. The company is focusing on streamlining its operations and optimizing its cost structure to enhance future performance.

Merchant Services Performance

In Q3 2024, Worldline's Merchant Services division generated €867 million in revenue, reflecting a modest organic growth of 0.2%. The division faced challenges due to merchant contract terminations and underperformance in certain regions, such as Asia-Pacific. However, the company saw dynamic growth in Central and Southern Europe, driven by strong performance in Commercial Acquiring and new client wins.

Financial Services Results

Worldline's Financial Services segment reported a revenue of €211 million for Q3 2024, marking an 8.3% decline in organic growth. This decrease was primarily due to a significant one-off re-insourcing process with a major client. Excluding this impact, the segment experienced positive growth in card-based payment processing activities, with new contracts signed with notable clients like Anadolubank Nederland N.V. and British Petroleum.

Mobility & e-Transactional Services Growth

The Mobility & e-Transactional Services division achieved a 4.9% organic growth in Q3 2024, with revenue reaching €85 million. This growth was driven by increased activity in France, particularly in Trusted Services and Omnichannel interactions. The division also benefited from extended partnerships with major companies such as BNP Paribas Group and Diot-Siaci, enhancing its service offerings.

Strategic Initiatives and Outlook

Worldline is executing strategic initiatives under its Power24 program to streamline operations and enhance cash flow generation. The company confirmed its 2024 objectives, including organic revenue growth of approximately 1% and adjusted EBITDA of around €1.1 billion. With new leadership in Merchant Services and focused investments in value-added products, Worldline aims to return to mid-single-digit revenue growth in 2025.

Summarized from source with an LLMView Source

Key figures

-31.0%1Y

-83.1%3Y

-86.7%5Y

Performance

59.5%1Y

69.8%3Y

60.9%5Y

Volatility