Edenred serves up Q1 beat boosted by digital shift and inflation

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Reuters UK

By Federica Mileo and Diana Mandia (Reuters) -Edenred beat estimates for first-quarter operating revenue on Thursday, as the French provider of vouchers and payment cards continued to benefit from strong momentum in sales, its digital transformation and inflationary trends. The group, which helps companies manage staff benefits with vouchers and payment cards and is known for its “Ticket Restaurant” vouchers, has been benefiting from a shift to fully digital offerings. Rising inflation has also helped its business by driving up the value of meal vouchers employers offer. “We are confident in o…

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