3 months ago
By Gianluca Lo Nostro
July 30 (Reuters) - French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed awarding contracts following the company's recent setbacks.
Worldline now expects flat to marginally positive revenue growth in 2026, compared with its previous forecast for low single-digit growth.
Second-quarter revenue was flat year-on-year after seven consecutive quarters of contraction.
Chief Executive Pierre-Antoine Vacheron said the recovery in commercial activity and revenue recognition had been slower than anticipated because some banking clients took longer to commit to new business with the company.
#revenue #worldline #recovery
July 30 (Reuters) - French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed awarding contracts following the company's recent setbacks.
Worldline now expects flat to marginally positive revenue growth in 2026, compared with its previous forecast for low single-digit growth.
Second-quarter revenue was flat year-on-year after seven consecutive quarters of contraction.
Chief Executive Pierre-Antoine Vacheron said the recovery in commercial activity and revenue recognition had been slower than anticipated because some banking clients took longer to commit to new business with the company.
#revenue #worldline #recovery
