Edenred SE (OTCPK:EDNMF)
$ 48.6 0 (0%) Market Cap: 12.57 Bil Enterprise Value: 13.48 Bil PE Ratio: 46.67 PB Ratio: 0 GF Score: 88/100

Half Year 2022 Edenred SE Earnings Call Transcript

Jul 26, 2022 / 06:30AM GMT
Release Date Price: $49.11
Operator

Ladies and gentlemen, welcome to the Edenred H1 2022 Revenue Conference Call. I am pleased to present our today's speakers: Mr. Bertrand Dumazy, CEO; and Julien Tanguy, CFO.

I will now hand over the call to Mr. Bertrand Dumazy. Sir, please go ahead.

Bertrand Dumazy
Edenred SA - Chairman & CEO

Good morning, ladies and gentlemen. Thank you for being with us for our H1 2022 results. I propose that we move to Page 2 of the presentation. And yes, 2022 H1 marks record results that demonstrates Edenred's capacity to further leverage the scale effect of its unique global platform in a new macroeconomic context. There are 5 things I want you to have in mind. First of all, the total revenue of EUR 920 million is up almost 22% in reported and 18% in like-for-like growth. If we go in fact in the detail of that, our H1 operating revenue is up by almost 21% in reported. It's an acceleration of our growth in Q2 2022 with some operating revenue up 19% like-for-like versus Q2 2021 and our other revenue -- and as you know, the total revenue is the combination of

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