Worldline Reports Strong Q3 Revenue Driven by Merchant Services

Reported 27 days ago

Worldline, the French digital payments company, reported third-quarter revenues of 1.16 billion euros, aligning closely with analyst expectations due to strong performance in its merchant services sector, despite an overall organic revenue decline of 1.1%. The merchant services division, which constitutes about 75% of the group's core profit, experienced slight growth, supported by steady market gains in Central and Southern Europe. The company aims for mid-single-digit revenue growth by 2025, while it also navigates recent leadership changes and potential merger talks in the payments industry.

Source: YAHOO

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