Worldlines Revenue Jumps 12.6% YoY in H1 2022

Worldline, a Euronext-listed payment services provider It was published Financial results for the first half of 2022 (first half of 2022) today. During the reported period, Worldline’s revenue he reached 2.02 billion, an increase of 12.6% compared to the same period last year.

Worldline’s growth accelerated in the second quarter of 2022. In the first half of the year, the payments giant achieved several milestones including the completion of the acquisition of Axepta Italy. According to Worldline, one of the main reasons behind its recent growth is the company’s significant increase in Merchant Services.

Worldline CEO Gilles Grapinet said: positioning. This performance was achieved thanks in particular to steady growth in acquisitions, solid merchant rollouts and very dynamic growth in merchant services with many new large merchant acquisitions and partnerships. .

In February 2022, Worldline announced expansion of payment services for global merchants. In April, the payments firm acquired a majority stake in his ANZ acquiring business.

Acquisition

According to Grapinet, Worldline’s acquisition strategy will play a key role in its global expansion. The company confirmed his 2022 annual guidance amid a significant increase in revenue.

In parallel, we continued to execute on our strategic initiatives during the semester, completing three acquisitions (Axepta Italy, ANZ Commercial Acquiring Business in Australia and Eurobank Merchant Acquiring in Greece). Significant Contribution Success TSS disposal process is fully on track with second half closing confirmed This provides financial flexibility to seize integration opportunities with a strong M&A pipeline is coming to Worldline,” added Worldline’s CEO.

Worldline, a Euronext-listed payment services provider It was published Financial results for the first half of 2022 (first half of 2022) today. During the reported period, Worldline’s revenue he reached 2.02 billion, an increase of 12.6% compared to the same period last year.

Worldline’s growth accelerated in the second quarter of 2022. In the first half of the year, the payments giant achieved several milestones including the completion of the acquisition of Axepta Italy. According to Worldline, one of the main reasons behind its recent growth is the company’s significant increase in Merchant Services.

Worldline CEO Gilles Grapinet said: positioning. This performance was achieved thanks in particular to steady growth in acquisitions, solid merchant rollouts and very dynamic growth in merchant services with many new large merchant acquisitions and partnerships. .

In February 2022, Worldline announced expansion of payment services for global merchants. In April, the payments firm acquired a majority stake in his ANZ acquiring business.

Acquisition

According to Grapinet, Worldline’s acquisition strategy will play a key role in its global expansion. The company confirmed his 2022 annual guidance amid a significant increase in revenue.

In parallel, we continued to execute on our strategic initiatives during the semester, completing three acquisitions (Axepta Italy, ANZ Commercial Acquiring Business in Australia and Eurobank Merchant Acquiring in Greece). Significant Contribution Success TSS disposal process is fully on track with second half closing confirmed This provides financial flexibility to seize integration opportunities with a strong M&A pipeline is coming to Worldline,” added Worldline’s CEO.

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