Financial PerformanceThe new regulation is expected to cause a 5% impact on operating revenue and a 13% impact on operating EBITDA for Edenred.
Macroeconomic ConcernsConcerns remain on macro factors in France and Germany, which are likely to persist into 2025.
Regulatory ImpactThe Italian Senate has approved a 5% commission cap, which will impact meal voucher providers like Edenred, limiting the fees they can charge retailers.