The preparatory work post-announcement is progressing well, fully in line with a targeted signing in the course of Q3 2023 and a closing before the end of the year. Combining Worldline leading technology and products with the distribution power of Crédit Agricole, we have the joint ambition to create the future leading player in the French market able to deliver premier services to all merchants. This strong business trends coupled with cost optimization plans, integration synergies and operating leverage, allowed the Group to deliver a 80 basis points margin expansion led, as planned, by a solid improvement in Merchant Services profitability despite inflationary headwinds impacting our costs base.Īs part of our M&A roadmap, we entered during the semester into exclusive discussions with Crédit Agricole for a strategic long-term partnership and the creation of a joint-venture.
Gilles Grapinet, CEO of Worldline, said: “Worldline executed a very satisfactory first half of the year with a 9.3% organic growth, supported by a solid double-digit performance in Merchant Services, confirming, in particular, our enhanced competitive positioning resulting from our continued successful integration of and the former Ingenico.
Paris La Défense, 26 July 2023 – Worldline, a global leader in payment services, today announces its results for the first semester of 2023.
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