France’s Worldline posts Q3 revenue beat
The group, which processes transactions to clients ranging from merchants to government agencies, posted revenue of 1.16 billion euros ($1.14 billion) in the third quarter, up 10% organically.
“Thanks to this strong execution and a still solid level of transaction volumes, we confirm our 2022 annual guidance,” Chief Executive Officer Gilles Grapinet said in a statement.
Oct 25 (Reuters) – French payment company Worldline’s (WLN.PA) quarterly revenue slightly beat expectations on Tuesday , driven by its merchant services business .The group, which processes transactions to clients ranging from merchants to government agencies , posted revenue of 1.16 billion euros ($1.14 billion) in the third quarter, up 10% organically.
Analysts polled by the company had on average forecast it to land at 1.14 billion euros for the period.
“Thanks to this strong execution and a still solid level of transaction volumes , we confirm our 2022 annual guidance,” Chief Executive Officer Gilles Grapinet said in a statement.
