Edenred Q3 Revenue Slips 1.3% Like-for-Like, Confirms 2026 EBITDA Decline Outlook
Edenred SA (EDNMF.PK) reported Wednesday that third-quarter total revenue edged down to 725 million euros from 726 million euros a year earlier, a 1.3 percent decline on a like-for-like basis, while the French digital payments company reaffirmed its EBITDA guidance through 2028. Operating revenue was flat at 667 million euros on a reported basis but fell 1.2 percent like-for-like. For fiscal 2026, the company continues to expect like-for-like EBITDA to decline between 7 percent and 10 percent, a range of roughly 1.22 billion to 1.26 billion euros. Edenred said it will resume sustainable and profitable growth beyond 2026, confirming its 2027 and 2028 outlook, with EBITDA still projected to grow 8 percent to 12 percent like-for-like.