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Edenred SA (EDEN.PA)

EDEN.PA on Paris Stock Exchange

21.87EUR
24 Mar 2017
Change (% chg)

€0.08 (+0.37%)
Prev Close
€21.79
Open
€21.69
Day's High
€21.94
Day's Low
€21.66
Volume
580,998
Avg. Vol
830,073
52-wk High
€22.45
52-wk Low
€15.70

Latest Key Developments (Source: Significant Developments)

Edenred announces 500 million euros bond issue
Wednesday, 22 Mar 2017 01:31pm EDT 

Edenred : Successful 500 million euros ($540.35 million) bond issue .Announces success of its 500 million euros 10-year 1.875 pct bond issue.  Full Article

Edenred proposes 2016 dividend at 0.62 euros per share
Wednesday, 15 Mar 2017 12:45pm EDT 

Edenred SA :Proposes 2016 dividend at 0.62 euros ($0.66) per share.  Full Article

French group Edenred reports higher profits, confident over 2017
Thursday, 23 Feb 2017 01:11am EST 

Edenred : 2016 annual results strong growth in earnings ebit up to a record high . Operating revenue eur 1,073 million +8.3% . Operating ebit margin up1.1 points to 28.3% . Net profit, group share up 1.9% to eur 180 million . Recommended dividend of eur 0.62 per share, representing a payout ratio of 80% . Confident as we move into 2017 . Edenred - expects its performance in 2017 to be in line with medium-term targets of its three-year strategic plan 'fast forward' . Edenred - expects continued strong growth of its business in Europe in 2017 . Edenred - Latam should evolve broadly in line with 2016, with robust growth in Mexico despite emerging macroeconomic uncertainties Further company coverage: [EDEN.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Colony sold entire Edenred stake for around 500 million euros - source
Friday, 20 Jan 2017 02:56am EST 

Edenred Sa :Colony's Colday E sold its entire Edenred stake for around 500 million euros ($533.65 million)- source close to the matter.  Full Article

Colony sold 5.68 pct of Edenred at 19.41 euros/shr per share in private placement
Friday, 20 Jan 2017 02:13am EST 

: Colony Capital'S Colday E says sold 5.68 pct of Edenred capital via accelerated bookbuilding with institutional investorsat at 19.41 euros/shr . Colday E says the sale is worth 257.5 million euros . Colday E says that following the transaction it no longer holds any shares in Edenred. .On Thursday Colday E had said it had already sold 5.53 pct of Edenred off-market to an unnamed investor..  Full Article

Colday E sells its remaining stake in Edenred
Friday, 20 Jan 2017 02:00am EST 

Colday E: Sells its remaining stake in Edenred . Sale of 13,268,896 shares in Edenred, representing 5.68 pct of its share capital, at a price of 19.41 euros per share . Total amount of 257.5 million euros Further company coverage: [EDEN.PA] (Gdynia Newsroom:) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Edenred increases stake in UTA to 51 pct
Friday, 20 Jan 2017 01:12am EST 

Edenred : Edenred is increasing its stake in UTA to 51 pct by exercising its call option on 17 pct of company's capital . Edenred now manages 2.6 million fuel cards and toll solutions and close to 6 billion liters of fuel . Is exercising call option enabling it to acquire, from two founding families, 17 pct of capital of Union Tank Eckstein (UTA) . Already holds a 34 pct interest in company Union Tank Eckstein (UTA) . Transaction that will be accretive to earnings from 2017 . We are targeting an annual volume of more than 9 billion liters of fuel by 2020, compared with 3.3 billion in 2015 and close to 6 billion in 2016, including UTA - ceo . UTA will be fully consolidated in Edenred's financial statements as of Jan. 1, 2017 .Acquisition of additional 17 pct of UTA's capital, for around 83 million euros, is expected to have accretive impact of around 5 pct on 2017 net profit group share.  Full Article

Edenred says ICSID ruled in its favor in Hungarian arbitration case
Friday, 16 Dec 2016 11:46am EST 

Edenred SA : Arbitration ruling from the ICSID delivered in Edenred's favor in Hungary .Decision delivered at outcome of proceedings is favorable to Edenred, and hungarian state is ordered to pay edenred an award of approximately 23 million euros ($24.1 million), excluding interest.  Full Article

Edenred 9M revenue up to 804 million euros
Thursday, 13 Oct 2016 11:47am EDT 

Edenred SA : Total revenue up 7.0 pct like-for-like to 804 million euros ($900.56 million) for nine months to September 30 .Group confirms its targets for full-year 2016.  Full Article

Edenred successfully issues a 250 million euro Schuldschein loan
Wednesday, 29 Jun 2016 11:45am EDT 

Edenred SA : Successfully issues a 250 million euro Schuldschein loan . Private placement consisting of 5- and 7-year tranches with fixed- and floating-rate coupons, with an average maturity of 6.1 years .The issue was significantly oversubscribed and was therefore increased from the launch amount of 125 million euros to 250 million euros in order to meet investor demand.  Full Article

More From Around the Web

Edenred FY issue volume rises 10 percent helped by Latam markets

Feb 23 Prepaid voucher and card provider Edenred said on Thursday its comparable issue volume rose 10 percent in 2016, driven by growth in Latin America and its employee benefits business.