Worldline completes divestments, revenues beat expectations

3 weeks ago 13

Reuters

Tue, April 28, 2026 astatine 11:07 AM CDT 1 min read

April 28 (Reuters) - European integer outgo work radical Worldline connected Tuesday reported quarterly revenues which somewhat bushed marketplace expectations ‌and said it had completed its divestment strategy with ‌the merchantability of a 51% involvement successful its Australian outgo business.

The divestment programme was ​aimed astatine slimming down Worldline's cumbersome portfolio of businesses and helping it instrumentality to growth. Worldline is present worthy lone a fraction of the marketplace worth it had astatine its pandemic peak.

Since past the ‌group has been deed ⁠by aggregate nett warnings, governance shake-ups and media reports accusing it of concealing lawsuit fraud. It was ⁠also investigated by Belgian prosecutors implicit imaginable wealth laundering.

• Paris-listed institution reported an 0.5% integrated diminution successful quarterly revenues to 831 cardinal euros ($972 ​million) versus ​826 cardinal expected by analysts ​polled by the company

• The ‌group sold the involvement successful Australian ANZ Worldline Payment Solutions and of New Zealand nether statement valuing the full endeavor astatine astir 107 cardinal euros

• The group's stock of nett proceeds from the woody is 30 cardinal euros

• The closing of the transaction is ‌expected successful the 2nd fractional of ​2026

• The institution said that the combined ​net currency proceeds from ​all the announced divestments were expected to beryllium ‌between 590-640 cardinal euros and should ​be received wrong ​this year

• Worldline confirmed its yearly outlook, citing nary worldly effects from geopolitical challenges successful the period

• The institution besides ​said that its ‌main part - merchant services - returned to maturation for the archetypal ​time since the extremity of 2024

($1 = 0.8551 euros)

(Reporting by ​Mateusz Rabiega; Editing by Matt Scuffham)

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