Pluxee, Edenred fall after Brazilian judge overrules meal voucher system decisions
25/02/2026 08:44
** Shares in French vouchers and benefit cards providers Edenred EDEN.PA and Pluxee PLX.PA and fall 6.3% and 2.8%, respectively, after a Brazilian judge overruled decisions suspending changes to meal voucher system ** The judge overruled the decisions by local courts in January to grant the main companies in the sector orders suspending the effects of a new system, which caps fees that merchants pay voucher providers ** Edenred says the ruling does not alter its guidance for 2026, 2027 and 2028 ** Pluxee did not immediately respond to a request for comment ** By 08:30 GMT, Edenred shares are down 5.3% YTD to their lowest price since early December ** Pluxee lost 16.6% since the beginning of the year and is trading near its lowest price since its IPO in early 2024 (Reporting by Alessandro Parodi) ((Alessandro.Parodi@thomsonreuters.com;))