(CercleFinance.com) – Worldline indicates that it is revising its 2023 objectives downward, reflecting market conditions, now expecting organic growth in turnover of 6% to 7% and an EBO margin down by around 150 basis points.
The payment solutions group’s turnover reached 1.18 billion euros in the third quarter, representing organic growth of 4.8%, mainly driven by its merchant services division (+7.6%, including +10% excluding Germany).
At the same time, Worldline announces Power24, a plan to accelerate its post-integration transformation. In this context, it is targeting 200 million euros in full-year cash cost savings for 2025, with a rapid ramp-up during 2024.
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