2 weeks ago
12
Reuters
Wed, February 25, 2026 astatine 11:00 AM CST 2 min read
Feb 25 (Reuters) - Digital outgo work radical Worldline's disposal of non-core parts of the concern is adjacent completion, the institution said arsenic it reported yearly results successful enactment with guidance after a transformational twelvemonth nether its caller CEO.
The Paris-listed institution reported a 2.4% diminution in yearly gross to 4.5 cardinal euros ($5.3 billion), including the integer services concern that is owed to beryllium sold arsenic portion of the disposal programme.
Adjusted halfway profit, meanwhile, stood astatine 841 cardinal euros, wrong the forecast range of 830 cardinal to 855 cardinal euros.
The radical reaffirmed 2026 guidance of integrated gross maturation successful a debased single-digit percent and adjusted halfway nett betwixt 630 cardinal and 650 cardinal euros.
The institution besides said it expects its divestments to bring a 30% diminution successful headcount.
CEO Pierre-Antoine Vacheron said that the 4th fourth marked a "decisive turning point" for Worldline and that helium believes the net study and a 500 cardinal euro superior summation successful March volition gully a enactment nether 2 years of situation astatine the French payments group.
Worldline is clinging to a fraction of its marketplace worth since its pandemic peak, deed by aggregate profit warnings, governance shake-ups and media reports accusing it of concealing lawsuit fraud. It was besides investigated by Belgian prosecutors implicit imaginable wealth laundering.
The planned shares sale, which exceeds Worldline's existent marketplace capitalisation of astir 400 million euros, is aimed astatine halting a antagonistic spiral besides marked by dense short-selling and indebtedness pressure.
It is besides aimed astatine protecting the company's credit rating, aft a achy downgrade to junk presumption by S&P precocious past year.
($1 = 0.8472 euros)
(Reporting by Mateusz RabiegaAdditional reporting by Mathieu RosemainEditing by David Goodman)
English (CA) · 
English (US) · 
Spanish (MX) ·