Italy's Nexi Q1 EBITDA up 2.6%

Nexi

07/05/2026 06:26

Overview

Italy PayTech firm's Q1 2026 revenue rose 1% yr/yr, with underlying growth at 5%

Q1 2026 EBITDA increased 2.6% yr/yr, with margin up 73 bps

Outlook

Nexi confirms 2026 net revenue growth broadly in line with 2025

Company expects 2026 EBITDA to remain stable after strategic investments

Nexi plans €0.30 per share dividend, equal to ~€350 mln distribution in 2026

Result Drivers

MERCHANT SOLUTIONS COMPARISON - Merchant Solutions revenue fell 1.4% yr/yr due to tough comparisons related to bank contracts, though underlying growth was positive

ISSUING SOLUTIONS GROWTH - Issuing Solutions revenue rose 4.7% yr/yr, supported by healthy volume dynamics and favorable project phasing

Company press release: ID:nBIA5qPJcM

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 821.40 mln
Q1 EBITDA
EUR 396.50 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 13 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for Nexi SpA is €3.20, about 22.5% below its May 6 closing price of €4.13

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)