Full Year 2023 Edenred SE Earnings Call Transcript
Ladies and gentlemen, good morning. Happy Tuesday. Julien, the CFO of the Edenred Group, and myself are very pleased to present you our full year 2023 results and we will do that in the next 90 minutes, 60 minutes of presentation and 30 minutes of Q&A. Page 2, to start with in fact the executive summary. We are halfway through our plan Beyond and we are very pleased with the execution of this plan. Indeed in 2023, we delivered another set of record breaking results. The revenue has grown by almost 24%. Our EBITDA is crossing the EUR 1 billion mark reaching almost EUR 1.1 billion growing at 33% and the EBITDA margin is up by 230 basis points reaching 43.5%. Our net profit group share reached EUR 425 million excluding the fine paid to the ADLC in France. And our level of free cash flow reached a record of EUR 905 million allowing us to deleverage the company with a leverage ratio back to 1 after the acquisition of Reward Gateway.
The proposed 2023 dividend is at EUR 1.10 per share, up 10%. Not only we are very pleased by the financial performance
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