Edenred Reports Steady Growth in First Quarter of 2025

Edenred achieved a revenue increase in the first quarter of 2025, meeting its expectations despite facing a challenging economic environment in Europe. The company reported an operating revenue of €667 million, a 7.1% rise like-for-like compared to the previous year, driven by strong performance in Latin America and the Mobility sector. Total revenue reached €724 million, marking a 6.7% growth like-for-like compared to the first quarter of 2024.

Edenred's 'Beyond' strategy showed progress with new customer acquisitions and extended partnerships, such as with Daimler Truck in e-mobility. The company confirmed its goals for 2025, including an EBITDA growth of over 10% like-for-like, despite anticipated impacts from new merchant fee caps in Italy.

CEO Bertrand Dumazy noted robust performances in Beyond Food and Beyond Fuel solutions, highlighting the company's multi-local footprint. Latin America continued to see double-digit organic growth, reinforcing the company's strategic market position.