French voucher company Pluxee upgrades its mid-term outlook
31/10/2024 06:01
Oct 31 (Reuters) - French voucher and benefits company
Pluxee PLX.PA on Thursday raised its 2025/2026 results
guidance due to "solid performances delivered in 2024", the
company said in a statement.
It now targets a recurring EBITDA margin expansion of 75
basis points (bps) in 2025 and 2026, leading to a three-year
target of a 250 bps organic increase one year ahead of plan.
The former Sodexo EXHO.PA division also published a
recurring earnings before interest, taxes, depreciation and
amortization (EBITDA) of 430 million euros ($466.59 million)
compared with the 426 million euros in a company-provided
consensus.
(Reporting by Mathias de Rozario; Editing by Christian
Schmollinger)
((mathias.derozario@thomsonreuters.com))