Edenred S.A. Unsponsored ADR (EDNMY)
OTC PINK OTC PINK Primary 
Edenred SE (EDNMF) Q3 2024 Earnings Call Transcript
Edenred SE (OTC:EDNMF) Q3 2024 Earnings Call October 24, 2024 2:30 AM ET Company Participants Bertrand Dumazy - Chairman and Chief Executive Officer Julien Tanguy - Chief Financial Officer Fabrizio Ruggiero - Managing Director, Italy Conference Call Participants Ed Young - Morgan Stanley Pravin Gondhale - Barclays Justin Forsythe - UBS Julien Richer - Kepler Hannes Leitner - Jefferies Estelle Weingrod - JPMorgan Andre Juillard - Deutsche Bank Operator Hello, and welcome to the Edenred Q3 Results 2024. Please note, this conference is being recorded and for the durations of the call, your lines will be on listen-only.
Edenred: Attractively Valued Following The Recent Sell-Off
Edenred's shares have declined significantly this year amid slowing growth and heightened regulatory threats. Despite increased uncertainty following its Q3 update, management reaffirmed its FY24 guidance and projected EBITDA growth of 10% to 12% for next year. Shares are attractively valued at 8.2 times FCF, which is a substantial discount compared to relevant U.S. peers.
Edenred: French Outperformance Means More Upside
The Edenred stock price decline is not concerning, the company has sound fundamentals. Half-year results show strong performance, with potential upside for the ADR. Edenred's market-leading position, attractive valuation, and growth potential make it a compelling investment opportunity.
Edenred SE (EDNMF) Q2 2024 Earnings Call Transcript
Edenred SE (OTC:EDNMF) Q2 2024 Earnings Conference Call July 23, 2024 2:30 AM ET Company Participants Bertrand Dumazy - Chairman and Chief Executive Officer Julien Tanguy - Executive Vice President, Finance Conference Call Participants Julien Richer - Kepler Cheuvreux Pravin Gondhale - Barclays Ed Young - Morgan Stanley Estelle Weingrod - JPMorgan Hannes Leitner - Jefferies Justin Forsythe - UBS Operator Hello and welcome to the Edenred Half Year Results Call. My name is Saskya and I will be your coordinator for today's event.
