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Edenred SE (EDNMF) H1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-07-23 13:34
Group 1 - The company confirms all targets for full year 2025 despite economic uncertainties, including a minimum of 10% like-for-like EBITDA growth and a 70% free cash flow on EBITDA conversion rate [4][5] - The 10% like-for-like EBITDA growth is attributed to the situation in Italy, which translates to an equivalent of 15% EBITDA like-for-like growth [4] - The company achieved steady top line growth in H1 2025, driven by double-digit growth in Mobility and acceleration in Benefits & Engagement [5] Group 2 - The conference call is led by the CEO Bertrand Dumazy and the new CFO Virginie Duperat-Vergne, who joined the company two months prior [3][2] - The presentation is structured to last approximately 35 minutes, followed by a 40-minute Q&A session [3] - The call includes participation from various research divisions, indicating strong interest from the investment community [1]