Worldline SA
WLN: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€45.00 | Wjdhdd | Whjscgc |
Worldline Earnings: Operating Leverage and Good Growth in Merchant Services Drive Margin Expansion
Worldline reported first-half adjusted operating profit of EUR 519 million, up 13.4% versus the same period last year, as the group continues to enjoy good traction in its largest segment merchant services. We maintain our EUR 91 per-share fair value estimate and narrow moat rating.