Edenred SE

EDEN: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Edenred Earnings: Steady Underlying Performance as Management Navigates Regulation

Ben Slupecki

Apr 23, 2026

Edenred reported first-quarter results, expanding like-for-like operating revenue by 3.1%. Excluding the impact of regulation in Italy and Brazil, Edenred's LFL growth was 8.2%. Edenred confirmed its 2026 guidance, still anticipating LFL EBITDA declines between 8% and 12%.

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Edenred SE

Edenred Earnings: Steady Underlying Performance as Management Navigates Regulation

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