Worldline meets Q3 revenue estimates on merchant services strength
- French digital payments company Worldline reported on Wednesday that third-quarter revenue was broadly in line with analyst expectations, as a resilient performance in its merchant services business offset the termination of some contracts.
Facing slower consumer spending in Europe and a slump in its market valuation that led to its exclusion from France's blue-chip CAC 40 index last year, Worldline's attempts to boost its share price have been hampered by repeated cuts to its financial targets. The group confirmed its 2024 forecasts for adjusted EBITDA of around 1.1 billion euros and organic growth of about 1%.
Desportes was appointed for an interim period as Worldline management is still looking for Grapinet's successor.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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