Published by Global Banking & Finance Review®
Posted on February 24, 2026
2 min readLast updated: April 2, 2026
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Edenred beat 2025 core profit estimates as EBITDA rose 11.2% organically to €1.36bn, topping a €1.34bn consensus. Stronger sales and early savings from its efficiency plan powered the gains.
Feb 24 (Reuters) - French vouchers and benefit cards provider Edenred reported 2025 core earnings above market expectations on Tuesday, citing rising sales and the first benefits from its cost-cutting and efficiency plan.
The group, which helps companies manage staff expenses and benefits and is known for its "Ticket Restaurant" vouchers, posted 11.2% organic growth in its earnings before interest, taxes, depreciation and amortisation (EBITDA) to 1.36 billion euros ($1.60 billion) last year, above the 1.34 billion euros expected by analysts in a consensus provided by the company.
Edenred announced in April 2025 plans to curb a rise in operational expenses.
The group on Tuesday confirmed its outlook for 2026, after a Brazilian judge in January granted an injunction to the group suspending planned regulatory changes to the meal and food voucher system in Brazil.
Edenred warned in November that these changes would cut its core profit forecast for 2026, while peer Pluxee's CFO said in January that it expected its Brazil revenue to halve by 2027.
The company proposed a 1.33 euro dividend for the fiscal year 2025, up 10% from the year prior.
(Reporting by Dimitri Rhodes in Gdansk, editing by Milla Nissi-Prussak and Matt Scuffham)
Edenred reported FY2025 core profit above market expectations, citing stronger sales and the first gains from its efficiency and cost-cutting measures.
EBITDA reached €1.36 billion, up 11.2% organically, beating a company-provided consensus of €1.34 billion.
Edenred launched an optimization program in April 2025 to curb operating expenses, delivering initial savings that supported margins and core profit.
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