Latest news for Edenred (OTC:EDNMF) Stock

Edenred is a France-listed prepaid corporate services provider operating in 45 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide to their employees as an additional benefit. The company is also involved in other areas such as prepaid fuel cards and payment and expense-management systems. Edenred is also moving "beyond" its historical services, adding wellbeing, gift, EV, toll and business to business accounts payable automation services.

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EDNMF

Edenred Reports Strong Rise In FY Net Profit

Edenred SE

Edenred (OTC: EDNMF) reported a 185% surge in its full-year net profit. 

Edenred's net profit for the period climbed to EUR194 million in 2011, versus EUR68 million, in the year-ago period. Its EBIT gained 8.5% to EUR355 million from EUR328 million. 

Edenred announced its plans to pay a dividend of EUR0.70 per share.

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Edenred

Edenred (OTC: EDNMF) reported a 185% surge in its full-year net profit. 

Edenred's net profit for the period climbed to EUR194 million in 2011, versus EUR68 million, in the year-ago period. Its EBIT gained 8.5% to EUR355 million from EUR328 million. 

Edenred announced its plans to pay a dividend of EUR0.70 per share.


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Thursday, February 23, 2012

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