News

Edenred 2016 Annual Results

uploaded on 23 February 2017

Edenred brand logo

Edenred 2016 Annual Results

Edenred announces strong growth in earnings EBIT up to a record high

Solid like-for-like performance

The key figures

  • Operating EBIT margin up 1.1 points to 28.3%
  • EBIT at an all-time high of  €370 million despite a €32 million negative currency effect
  • Net profit, Group share up 1.9% to €180 million  
  • Recommended dividend of  €0.62 per share, representing a payout ratio of 80%  
  • Net debt reduced by €49 million to €588 million 

Significant achievements paving the way for success with the Fast Forward strategic plan:

  • A good performance in the Employee Benefits business, with an 8.5% rise in issue volume (like-for-like) driven by commercial success, innovative initiatives in mobile payment solutions and new value-added services.  
  • A sharp rise in Expense Management as a percentage of Edenred's total business, accounting for 18% of consolidated operating revenue versus 14% in 2015. This reflects the two-fold increase in the size of the business in Brazil following the acquisition of Embratec assets, and double-digit organic growth in operating revenue (up 13% like-for-like).
  • Ongoing shift to digital solutions, which accounted for 70% of total issue volume in 2016 compared to 65% in 2015.

Download the full press release here 

Latest News

Edenred's Jo Crane recognised by APMP 40 under 40 awards

Jo Crane CF APMP, Head of Bids Management here at Edenred, has been recognised in the APMP 40 under 40 awards! The awards recognise proposal management professionals who have a sizable impact on th...
Read more
12/01/2024

Edenred volunteers at The Felix Project

This month colleagues joined forces to volunteer at The Felix Project kitchen in Poplar. Together they donned their aprons and helped to create just under 1000 nutritious and delicious meals from surplus food which otherwise may have gone to landfill.

Read more
13/12/2023

Edenred launches new guide to boost employee performance

Edenred has launched a new e.book that offers employers evidence-based guidance on fast-working, high-impact, practical solutions to fix the employee performance gap. With a month to go before staf...
Read more
06/12/2023