Payments firm Nexi targets margin boost, revenue growth until 2028

Adyen

05/03/2026 06:52

March 5 (Reuters) - Nexi NEXII.MI is targeting core profit margin expansion and mid-single-digit percent revenue growth in 2028, the Italian payments group said on Thursday, as it unveiled an industrial plan for the next three years.

The company faces intense competition from global rivals such as Adyen ADYEN.AS and Worldline WLN.PA, along with a fragmented landscape of local financial technology players across Europe.

2026-2028 target: around 2.4 billion euros ($2.8 billion) total excess cash generation.

Fourth-quarter EBITDA fell 1% to 508.6 million euros; revenue flat at 942.5 million euros.

EBITDA margin in fourth quarter was 54%, above company guidance of at least 50%.

It proposed a dividend of 0.30 euro per share; sees dividend growing at least 5% per year until 2028.

"We are at the heart of the sector’s ongoing technological transformation," CEO Paolo Bertoluzzo said.

($1 = 0.8624 euros)

(Reporting by Romolo Tosiani in Gdansk; Editing by Milla Nissi-Prussak)

((Romolo.Tosiani@tr.com;))