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Worldline announces first half 2018 results

Worldline announces first half 2018 results

Today Worldline, European leader in the payments and transactional services industry, announces its 2018 first half results.

Gilles Grapinet, Worldline CEO, said:

“I am very pleased to report today an overall very good set of results for the first semester of 2018, perfectly in line with the objectives that were set for the year.

This first semester was also marked by the major transaction with SIX Group AG announced last May. Worldline and SIX have immediately launched the work-streams to close the transaction, which is well on track for the end of the year. In parallel, Worldline keeps monitoring various M&A opportunities, particularly in Europe.

I am particularly proud to announce a major financial processing contract signed with the German bank Commerzbank, for which Worldline will manage all SEPA and Instant Payments for the next 10 years.

This partnership is the first very large new organic development signed since the merger with Equens and illustrates perfectly the strong development of our pipeline of commercial opportunities over the last 12 months. In this regard, Worldline continues to make good progress on other large payment processing outsourcing deals, comforting the Group’s medium term organic growth ambition.”

Read the full press release on the Worldline website.