Worldline SA (WLN.PA)
| Previous close | 9.80 |
| Open | 10.38 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 10.27 - 11.07 |
| 52-week range | 9.01 - 41.36 |
| Volume | |
| Avg. volume | 1,660,238 |
| Market cap | 3.053B |
| Beta (5Y monthly) | 1.34 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Worldline shares fall after $1.25 billion hit in merchant services
(Reuters) -French payments company Worldline plunged to a full-year net loss after it took a 1.15 billion euros ($1.25 billion) impairment in its merchant services division and signalled a weak outlook, sending its shares down 15% on Wednesday. Paris-based Worldline, which processes digital payments for clients ranging from merchants to government agencies, boomed during the pandemic when investors piled into European payments companies, attracted by their rapid growth as customers ditched cash and by consolidation in the industry. But Worldline shares lost more than half their value in October, sending shockwaves across the sector, after it cut its full-year financial targets, citing an economic slowdown and heightened scrutiny over money-laundering risks in Germany.
- Reuters
Worldline to lay off 8% of its workforce
"Worldline confirms that it has initiated social processes with the relevant employee representative bodies within the Worldline group," it said in a statement. The fintech company's shares sank in October after it shocked investors by cutting full-year targets and announcing that it was cutting ties with some merchants to reduce crime risks. Worldline received a boost last month after French bank Credit Agricole bought a 7% stake in the payments group.
- Reuters
Exclusive-Worldline taps advisers for defence strategy amid share slump -sources
LONDON (Reuters) -Worldline has lined up bankers to advise on a defence strategy in a bid to reassure shareholders and avoid a hostile takeover in the wake of a share price slump, two people with knowledge of the matter told Reuters. The Paris-based payments group is reviewing options with Morgan Stanley and Rothschild & Co, including bringing in an anchor investor to help support the stock, said the people, who spoke on condition of anonymity. In the last week the advisers started sounding out potential investors, such as French financial institutions, pension and sovereign wealth funds, about taking a minority stake in the group, the people said.
