Edenred SE
EDEN: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $n@ | LOCK|&^ | LOCK|WLjdkn^ |
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.
