Worldline Delays Earnings Guidance Amid Strategic Changes

Reported about 12 hours ago

French digital payments firm Worldline has postponed its annual financial outlook update until July, attributing the delay to new management and global economic uncertainty. Following the appointment of CEO Pierre-Antoine Vacheron, the company plans to unveil a new strategic plan during its capital markets day in the autumn, while also initiating efforts to cut cash expenses by 50 million euros in 2025. Worldline's first-quarter revenue fell 2.3% year-on-year but met analyst expectations.

Source: YAHOO

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