Edenred SE
EDEN: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %V | LOCK|!> | LOCK|^RPsD@ |
Edenred Earnings: Accelerating Growth in Europe Drives Stock Performance; Shares Still Undervalued
Edenred reported accelerating revenue growth in the third quarter, growing operating revenue to EUR 667 million, up 8.2% year over year on a like-for-like basis. Performance improvements in Europe drove the share price rise. Management confirmed its full-year 10% like-for-like EBITDA growth target.
