UPDATE 1-Edenred says Q3 sales up 7 pct, confirms outlook
(Recasts to lead with third-quarter figures, adds voucher issue volumes)
PARIS Oct 17 (Reuters) - French vouchers and pre-paid cards group Edenred said third-quarter underlying revenue grew 7 percent as strong growth in Latin America offset a worsening European environment.
The group maintained its full-year forecast for earnings before interest and tax between 355 million euros ($466 million) and 375 million euros, compared with 355 million in 2011.
The company also kept its goal of 6-14 percent medium-term annual organic growth in issue volume, or the face value of vouchers pre-paid card top-ups.
In the third quarter, the volume of vouchers issued by Edenred grew 10.5 percent on a like-for-like basis, driven by a 20 percent jump in Latin America, accounting for over half of the group's business.
Edenred competes with caterers Sodexo and Compass Group, as well as credit card networks MasterCard and Visa.
($1 = 0.7621 euros) (Reporting By Christian Plumb and Dominique Vidalon; Editing by Elena Berton)
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