Feb 24 (Reuters) - French vouchers and benefit cards provider Edenred reported 2025 core earnings above market expectations on Tuesday, citing rising sales and the first benefits from its cost-cutting
Edenred Surpasses 2025 Profit Goals with Sales Growth, Efficiency
Feb 24 (Reuters) - French vouchers and benefit cards provider Edenred reported 2025 core earnings above market expectations on Tuesday, citing rising sales and the first benefits from its cost-cutting and efficiency plan.
The group, which helps companies manage staff expenses and benefits and is known for its "Ticket Restaurant" vouchers, posted 11.2% organic growth in its earnings before interest, taxes, depreciation and amortisation (EBITDA) to 1.36 billion euros ($1.60 billion) last year, above the 1.34 billion euros expected by analysts in a consensus provided by the company.
Edenred's Strategic Financial Performance
Edenred announced in April 2025 plans to curb a rise in operational expenses.
Operational Expense Management
The group on Tuesday confirmed its outlook for 2026, after a Brazilian judge in January granted an injunction to the group suspending planned regulatory changes to the meal and food voucher system in Brazil.
Edenred warned in November that these changes would cut its core profit forecast for 2026, while peer Pluxee's CFO said in January that it expected its Brazil revenue to halve by 2027.
Future Outlook and Regulatory Challenges
The company proposed a 1.33 euro dividend for the fiscal year 2025, up 10% from the year prior.
Dividend Increase for 2025
(Reporting by Dimitri Rhodes in Gdansk, editing by Milla Nissi-Prussak and Matt Scuffham)
