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Additional Information
Share Capital and other information subject to shareholder’s approval
251
Worldline
2016 Registration Document
September
30, 2016
The Group announced the completion of the transactions with
Equens, Paysquare and KB Smartpay.
Completion of the transactions with Equens and Paysquare
Under the terms of the agreement, it is reminded that the
completed transaction is made of two components:
Financial Processing & Software Licensing division from
October
1, 2016;
Regarding Financial Processing activities, the Financial
●
Processing businesses of Worldline
1
have been merged with
former shareholders of Equens at 36.4%. The company
equensWorldline will be consolidated within the Group’s
Equens. This merger resulted in the creation of
equensWorldline, owned by Worldline at 63.6% and by the
Regarding Merchant Services, Worldline has acquired from
●
Equens its commercial acquiring subsidiary Paysquare for
existing available cash balance of the Group. Paysquare will
be fully consolidated in the Group’s Merchant Services &
an enterprise value of €
72
million in cash, funded by the
Terminals division from October
1, 2016.
Commercial Acquiring
Completion of the agreement with Komercni banka in
and has assumed activities of Komercni banka in credit and
debit card payment processing services (merchant acquiring).
value of € 34 million for 100%. Cataps was established in 2014
first stage, 80% of Cataps s.r.o. (“Cataps”), a 100% subsidiary of
the Komercni banka banking group, based on an enterprise
Under the terms of the agreement, Worldline has acquired, as a
As part of this agreement, Worldline and Komercni banka have
in addition signed an 10 year commercial alliance for the
development and the growth of these activities in the Czech
Republic.
October
19, 2016
Third quarter 2016 revenue
of 2015 (€+0.6 million or +0.2% at constant scope and exchange
rates), more than compensating a c.-8 points of temporary
line.
negative base effect arising from the termination of two
historical contracts in the Mobility & e-Transactional business
During the third quarter of 2016, Worldline’s revenue was at €
294.3 million, slightly increasing compared with the third quarter
2016 objectives
and € 140 million (including the exceptional cash-out linked to
the Equens transaction costs (c. €
12 million)).
bp vs 2015; and free cash flow generation between €
135 million
the Group confirms its objectives for the full year 2016: revenue
organic growth above +3%; OMDA rate improvement of +c. 80
Regarding the scope before the recent acquisitions (Equens,
Paysquare and KB Smartpay consolidated as of October
1, 2016),
is expected as follows:
The additional contribution from acquired companies in q4 2016
Revenue: c. €+80 million;
●
OMDA: c. €+10 million;
●
Positive net contribution to the free cash flow.
●
October
20, 2016
Eric Heurtaux appointed Chief Financial Officer of
Worldline
Worldline announced the appointment of Eric Heurtaux as Chief
Financial Officer, effective December
1. He will be replacing
same date.
Bruno Vaffier who, after 15 years within the Group, has decided
to start a new professional challenge in another company at the
departments.
accounting organizations and will also be in charge of the TEAM
efficiency program alongside the IT and purchasing
Eric Heurtaux will oversee the Company’s finance and
November 8, 2016
2017-2019 Group objectives
Worldline announces during the Analyst Day held by its parent
company Atos in its Headquarters in Bezons (France), its
Smartpay.
ambitions for 2017-2019, reflecting the increase of its business
after the recent acquisitions of the Equens, Paysquare and KB
The Group ambitions to deliver:
After a first semester 2017 at a slight positive growth, organic
●
revenue CAGR between +5% and +7%;
+400bp in 2019, compared with 2016
2
;
OMDA percentage improvement between +350bp and
●
representing over +50% increase compared with 2016
objective.
€ 210
million to € 230
million Free Cash Flow in 2019,
●
To reach its 2019 Ambition the Group will focus on the following
levers:
Take advantage of Worldline’s unique Pan-European reach
●
and undisputed leadership in Financial Processing;
Omni-Commerce Merchant Services;
Expand strongly Worldline’s Pan-European platform for
●
robust market trends in Mobility & e-Transactional Services.
Devote a particularly strong focus to take advantage of
●
February
21, 2017
2016 annual results
At constant scope and exchange rates, Worldline revenue stood
Services & Terminals and Financial Services contributed to the
at €
1,309.2
million representing an organic growth of +3.5%
compared with 2015. The Global Business Lines Merchant
Excluding the impact of these contract terminations, the growth
of the rest of the businesses was +8.4%.
revenue growth, while Mobility & e-Transactional Services was
impacted by the termination of two historical contracts.
Except for Financial Processing businesses in Asia and in Spain.
1
c.
18.5% OMDA margin, 2016 pro forma as if Equens, Paysquare and KB Smartpay were consolidated for 12 months, from January
1, 2016.
2