Edenred, Pluxee up on meal voucher reform proposal

Pluxee

26/06/2025 08:57

** Shares in Edenred EDEN.PA and Pluxee PLX.PA rise after a French minister updated on the proposed meal voucher reform in France

** The proposed measures include a total digitization of the sector by January 1, 2027, Edenred said

** It added the move would simplify the management of meal vouchers, especially for restaurant owners

** Citigroup sees regulation as positive catalyst for both companies

** It adds that uncertainty on the regulation was keeping both companies' valuations low despite sector recovery

** Edenred is up around 5% at 0748 GMT, rising to the top of Europe-wide STOXX 600 .STOXX index; Pluxee moves around 3% higher

 (Reporting by Johan Bodinier)

 ((Johangeorgesroger.bodinier@thomsonreuters.com))