Robust first-half results in an uneven economic environment

Edenred was created in the first-half of 2010 through the demerger of the Accor Group’s two core businesses approved at the Shareholders’ Meeting of June 29, 2010.

The world leader in prepaid service vouchers, Edenred provides solutions that enhance personal well-being and improve the performance of organizations. The Group offers a wide range of products in two categories: employee and public benefits related to food and quality of life, and performance solutions in the areas of expense management, incentives and rewards and new prepaid electronic products. Operating in 40 countries, Edenred serves 500,000 private and public sector customers, 33 million users and 1.2 million affiliates. 

During the first six months of the year, a new Board of Directors and a new management team were appointed, Edenred’s corporate identity was rolled out and new corporate governance structures were put in place. The Company’s shares began trading on the stock market on July 2, 2010.

Edenred’s medium-term strategy is designed to generate 6% to 14% annual normalized organic growth in issue volume over the medium term and 10% normalized growth in cash flow.

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