In Paris Edenred slips to its lowest degree since 2017 with a reduce in Ebitda steering for 2026 | EUROtoday

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(Il Sole 24 Ore Radiocor) – Edenred’s crash on the Paris Stock Exchange, with the inventory of the ticket restaurant group dropping greater than 10% to its lowest degree since January 2017 after having reduce its 2026 steering as a result of an unfavorable regulatory change in Brazil, a rustic which represents 9.5% of working revenues. At the second the inventory, whose buying and selling had been stopped as a result of extreme decline, has recovered some positions and is falling by 7.5%, in opposition to a rise of roughly one level within the CAC 40, the principle index.

The group has made it identified that it expects a decline of between 8% and 12% in its natural Ebitda (profitability indicator) in 2026, in opposition to the rise of between 2 and 4% beforehand anticipated, exactly as a result of imminent publication by the Brazilian Government of a decree referring to the nation’s meal voucher and meals voucher system, the so-called Pat. The 2027 and 2028 prospects stay unchanged in the intervening timeindicated within the Amplify strategic plan, for a like for like annual Ebitda development of between 8% and 12%.

“Based on the information currently available, Edenred is surprised by the content of this decree, which is significantly different from the discussions held between the professional association (Abbt) and the Government”, reads a observe from the corporate, which explains that “Edenred expresses concern that such measures may compromise the integrity of the PAT, in particular with an increased risk of abuse, non-compliance and an unbalanced credit position (especially with public customers)”. Edenred, subsequently, is evaluating, with its authorized advisors, “all possible legal remedies against this decree, which could have a suspensive effect”.