Edenred SE

EDEN: XPAR (FRA)
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Edenred Earnings: Signs of Recovery in Europe; Shares Undervalued

Edenred reported second-quarter operating revenue of EUR 672 million, up 7.1% year over year on a like-for-like basis. Growth was driven by continued strong momentum in Latin America and sequential improvement in Europe. Management confirmed its full-year 10% like-for-like EBITDA growth target.

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