EDENRED (FR:EDEN) has released an update.
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Edenred showcases a robust half-year performance with total revenue surging by 18.5% to 1,395 million euros and a 23.7% increase in EBITDA, reflecting the successful execution of its Beyond22-25 plan. The company has also made strategic acquisitions to bolster its B2B mobility and Beyond Food offers, and has seen significant progress in ESG ratings. With this momentum, Edenred raises its EBITDA forecast for 2024, anticipating it to be between 1,230 and 1,300 million euros.
For further insights into FR:EDEN stock, check out TipRanks’ Stock Analysis page.
