Adyen NV (XAMS:ADYEN)
€ 1215 38.2 (3.25%) Market Cap: 37.72 Bil Enterprise Value: 29.73 Bil PE Ratio: 53.15 PB Ratio: 11.74 GF Score: 85/100

Adyen NV at Morgan Stanley TMT Conference Transcript

Nov 16, 2023 / 01:00PM GMT
Release Date Price: €1015.2 (-1.21%)
Adam Dennis Wood
Morgan Stanley, Research Division - European Technology Equity Analyst

Okay, great. I'll start the next session off. It's a great pleasure to have Adyen with us here in Barcelona. Ethan Tandowsky, CFO. Thank you very much for coming and joining us.

Ethan Tandowsky
Adyen N.V. - CFO & Member of the Management Board

Thanks for having me.

Questions & Answers

Adam Dennis Wood
Morgan Stanley, Research Division - European Technology Equity Analyst

Its a pleasure. So look, I think we were just discussing, I mean, it's been a journey over the -- over this year to date. And the question I get from a lot of investors is kind of can we just get a little bit of a better understanding of what's happened and what's going on that you see in a bit more detail than we do.

So I think if we look at second half of last year, the business ex-FX was growing 26%. It dropped down to 19% in the first half of this year. I think everyone was wanting to kind of extrapolate that deceleration was

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