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Trend information
Medium termobjectives
116
Worldline
2016 Registration Document
inMobility & e-Transactional Services
Devote a particularly strong focus to take advantage of robust market trends
Group over the 2017-2019 period.
Business Line is expected to grow within the average of the
as by a healthy pipeline of commercial opportunities, the Global
objects. Supported by a strong and diversified client base as well
trends for secured digital solutions for IoT and connected
Services is in a position to benefit from the fast growing market
platforms, the Group considers that Mobility & e-Transactional
its track record in the design and operation of next-generation
Leveraging on its strong technological assets, its know-how, and
gradual volume growth on maturing platforms.
mid-teens levels, improving over the 2017-2019 period, thanks to
Mobility & e-Transactional Services’ OMDA is expected at
European payment industry consolidation
take advantage of the structural changes in the European
financial profile, the Group maintains a considerable focus to
Benefitting from its European intimacy and its particularly solid
policy.
priority given over the period 2017-2019 to its ambitious M&A
Paysquare and KB Smartpay. It confirms therefore the strategic
and in Merchant Services with the recent acquisitions of Equens,
payment industry, as it has already done in Financial Processing
Other strategic plans
Market Trends
: the strategy of the Group relies
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evolutions, and notably:
fundamentally on the European payment market structural
Transaction Volume Growth,
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Regulatory changes,
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Technology changes,
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Emergence of new electronic payment methods,
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Emergence of new digital businesses;
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As described in Section 6.4, “Strategy”;
to offset, in particular, the negative effect of competitive
improving the Group’s OMDA margin over the period, and
SmartPay, is expected to contribute substantially to
been now extended to equensWorldline, Paysquare and KB
industries in which it operates. This program, which has
reach to capitalize on the strong growth in the markets and
generally leverage the Group’s resources, size, and global
salaries over the period;
pressure on prices as well as the expected increase in
Group aims, among other things, to achieve significant
evolution of the TEAM project initiated in early 2014, the
TEAM2 Project.
Through its four-year TEAM2 program,
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profitability, industrialize development methods, and
network, improve sales effectiveness and contract
rationalization, enhance resource allocation across its
operating efficiencies from platform and infrastructure
mergers that will bring additional benefits until 2021;
will deliver its results as soon as 2018 and included platforms
and notably its Payment 2.0 initiative. This integration plan
and on the best assets from the Equens investment plans,
technological investment made through the WIPE program
of Worldline and Equens. This integration is based on the
coordination with the integration of the industrial structures
Technical platforms evolution:
TEAM is managed in
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implementation of the Group’s external growth policy;
Dividend Policy.
The Group aims to distribute dividends
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income,
to the extent that it is compatible with the
representing approximately 25% of its consolidated net
debt to EBITDA) of between 1.5 and 2.5 in the medium term.
the Group’s objective is to maintain a leverage ratio (net
Financial leverage.
Excluding transformative acquisitions,
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