Worldline press release on first half 2017 results
Worldline [Euronext: WLN], European leader in the payments and transactional services industry, announced its revenue for the first half results of 2017 on 25 July by issuing a press release.
Gilles Grapinet, Worldline CEO said:
“Worldline announces today a strong set of results for the first half of 2017, with in particular a solid revenue growth performance in Financial Services and in Merchant Services during the second quarter, a dynamic transaction volume growth and confirmation of the favorable business trends in India. Together with the strong free cash flow generation, I was particularly pleased by the improvement of the Group’s profitability during this past semester, thanks to the accelerated execution of the equensWorldline, PaySquare and KB SmartPay integration and synergy plans. Consequently, following the good performance of H1 2017, the Group decided to raise all its full year objectives for 2017 and now anticipates a revenue growth between +3.5% and +4.0%, an OMDA above 20.5% and a free cash flow above € 170 million.”
Read the full press release on the Worldline website.