2019 Annual Results
(World News Science)

Press release February 26, 2020 2019 annual results Edenred announces strong growth in earnings to record levels in the first year of its Next Frontier strategic plan (2019-2022) Double-digit growth in 2019 earnings, as reported and like-for-like: Total revenue up 18.0% to EUR1,626 million (+13.8% like-for-like) EBIT: up 18.3% (+14.8% like-for-like) to EUR545 million, in line with the EBIT guidance of between EUR520 million and EUR550 million Net profit, Group share: up 22.9% to EUR312 million Proposed dividend: EUR0.87 per share, up EUR0.01 versus 2018 Funds from operations of EUR524 million up 30.9% (+16.5% like-for-like) Net debt/EBITDA ratio of 1.9x, after EUR782 million dedicated to acquisitions...