Edition:
India

Worldline Presents Its 2018 Results And Its Ambitions For 2019 - 2021


Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - WORLDLINE SA ::WORLDLINE PRESENTS ITS 2018 RESULTS AND ITS AMBITIONS FOR 2019 - 2021.NEW 2019 - 2021 3-YEAR AMBITION ORGANIC REVENUE GROWTH: +7% AND +8% CAGR VERSUS 2018.PROFITABILITY: OMDA PERCENTAGE IMPROVEMENT BETWEEN +400BP AND +500BP IN 2021, COMPARED WITH 2018 PRO FORMA.FREE CASH FLOW: EUR 370 MILLION TO EUR 410 MILLION IN 2021, REPRESENTING BETWEEN +75% AND +95% INCREASE COMPARED WITH 2018.MAINTAIN PRIORITY ON EUROPEAN PAYMENT CONSOLIDATION.AT CONSTANT SCOPE AND EXCHANGE RATES, WORLDLINE 2018 REVENUE STOOD AT EUR 1,720.2 MILLION REPRESENTING AN ORGANIC GROWTH OF +6.2% COMPARED WITH 2017.REVENUE GROWTH ACCELERATED AS PLANNED DURING YEAR, WITH +6.7% IN H2 2018 (+7.0% IN Q4 OF YEAR).EXPECTS TO ACHIEVE AN ORGANIC GROWTH OF ITS REVENUE, AT CONSTANT SCOPE AND EXCHANGE RATES, OF BETWEEN 6% TO 8% FOR 2019.GROUP TARGETS AN OMDA MARGIN BETWEEN 23% AND 24% FOR 2019.WORLDLINE SA SEES FREE CASH FLOW OF BETWEEN EUR 275 MILLION AND EUR 290 MILLION FOR 2019.