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UPDATE 2-France's Edenred reports record results, shares hit all-time high [Reuters]

MASTERCARD (MA)  More Company Research Source: Reuters
Last mastercard earnings: 7/26 08:04 am Check Earnings Report
PDF UPDATE 2-France's Edenred reports record results, shares hit all-time high | Reuters Reuters Staff 4 Min Read * EBIT of 437 mln euros up 13.1 pct * Dividend up 37 pct * Expects sustained growth in Europe * Shares hit record high (Adds analyst, shares) By Dominique Vidalon PARIS, Feb 20 (Reuters) - French prepaid meal voucher and card provider company Edenred on Tuesday handed investors a 37 percent dividend hike and delivered record 2017 earnings, lifting its shares to all-time highs. Edenred, which helps firms manage staff expenses and benefits and is best known for its “Ticket Restaurant” vouchers, also expressed confidence that 2018 would be another year of sustained growth for its business in Europe and Latin America even as economic conditions in Brazil remained challenging. “This is a new record year with all key indicators at historic levels and in comparable terms we are ahead of our targets,” Chief Executive Bertrand Dumazy told journalists. “The performance achieved in 2017 [Read more]

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