Italy's Nexi hits record low as 2028 recovery plan raises concerns over phasing

Nexi

05/03/2026 10:15

** Shares in Italy's Nexi NEXII.MI fall up to 21.9% after its 2025 results and industrial plan to 2028 fell short of market expectations, with analysts raising questions about phasing and investment needs

** The payment firm's shares touched a record low of 2.64 euros per share and sit at the bottom of Europe's benchmark Stoxx 600 .STOXX index

** Nexi says its revenue and profit margin growth will accelerate again in 2028, as it pivots its business towards mid-sized companies to defend its market share

** J.P. Morgan expects the medium-term guidance to result in mid-single-digit percentage cuts in 2027 consensus estimates due to the phasing of the projected recovery

** Jefferies says the mid-term goals also raise a question about needed investments

** Peer Worldline WLN.PA also drops 4.5% to the bottom of France's SBF 120 .SBF120 index

(Reporting by Romolo Tosiani)

((Romolo.Tosiani@tr.com))