Edenred SE (OTCPK:EDNMF)
$ 36.35 0 (0%) Market Cap: 7.82 Bil Enterprise Value: 9.48 Bil PE Ratio: 26.15 PB Ratio: 0 GF Score: 80/100

Q1 2021 Edenred SA Corporate Sales Call Transcript

Apr 22, 2021 / 06:30AM GMT
Release Date Price: $55.71
Operator

Ladies and gentlemen, welcome to the Edenred Q1 2021 Revenue Conference Call. I will now hand over to Mr. Bertrand Dumazy, Chairman and CEO. Sir, please go ahead.

Bertrand Dumazy
Edenred SA - Chairman & CEO

Good morning, everybody. I'm really happy to be with you today to comment on the Q1 2021 revenue of Edenred.

I propose that we move to Page 2 of the presentation. A few things to remember on this page. First of all, Edenred had an encouraging start to the year despite new restrictions around the world. So first of all, we are back to growth across all business lines and all regions. Our operating revenue has increased by 3.6% like-for-like to reach EUR 363 million.

How come we have been able to generate that growth? First of all, once again, we demonstrated our agility. We demonstrated our capacity to leverage our digital platform in which we invested between EUR 250 million and EUR 300 million every year. And finally, we have been able to win some new clients and some new partnerships. The second thing is, yes, Edenred will generate

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