Worldline (OTCPK:WRDL.Y) 2025 Earnings Call Presentation

Worldline's Current Status and Strategy - Worldline is a leading pan-European acquirer and operator of critical infrastructure for merchants and financial institutions[36] - The company's 2025 pro forma total revenues are approximately €4.0 billion[38], with adjusted EBITDA between €720 million and €745 million[39] - Merchant Services account for approximately 80% of revenue, while Financial Institutions contribute approximately 20%[42] - Worldline aims to be the European payments partner of choice for merchants and financial institutions[69] North Star 2030 Transformation Plan - The North Star 2030 plan is expected to deliver €210 million of additional recurring adjusted EBITDA[74] - The plan focuses on four key drivers: simplifying the operating model, converging platforms, integrating operations through GCCs, and growing through efficiency and revenue management[73] - By 2030, the company targets over €1 billion in adjusted EBITDA and €300 million to €350 million in free cash flow[84] - Platform convergence is projected to contribute 40% to the North Star 2030 adjusted EBITDA[116] - Integrating operations through GCCs is expected to contribute 20% to the North Star 2030 adjusted EBITDA[153] Financial Targets and Capital Allocation - Worldline confirms its 2025 guidance with an illustrative pro-forma revenue of approximately €4.0 billion and adjusted EBITDA between €720 million and €745 million[306] - The company anticipates €350 million to €400 million in cash proceeds from divestments in 2026[65] - A contemplated capital raise of €500 million is planned, anchored by strategic investors, expected in Q1 2026[340, 341] - By 2030, Worldline targets revenue growth with approximately 4% CAGR from 2027-2030 and free cash flow between €300 million and €350 million[314, 352]