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Sales and delivery
C.5
“Worldline”
Trusted partner for your Digital Journey
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“Worldline”
C.5
“Worldline” is one of Europe’s leading providers of electronic
payment systems expertise and operations in 22 countries,
payment and transactional services. With over 40 years of
business transaction volumes or transaction values. Its strong
recurring revenues over the life of the agreement based on
fees for the initial implementation of the solution as well as
services, typically under long-term contracts where it receives
“Worldline” works closely with its clients via the delivery of
institutions, merchants, corporations and government agencies.
payment services and business solutions services to financial
payment services value chain, providing a large range of
America and Asia, “Worldline” operates across the full extended
including across Europe and in several emerging markets in Latin
new markets and services.
existing services and harness advances in technology to create
culture of innovation allows it to help clients enhance their
transactional services industry consolidator.
strengthen its position as an electronic payments and
strategic flexibility in order to accelerate its development and to
offering of “Worldline” was primarily to enhance its financial and
“Worldline” in June 27, 2014. The purpose of the initial public
December 2013 and was followed by the initial public offering of
subsidiary named “Worldline”. That project was completed in
payment and transactional services activities into a single
February 2013 its intention to spin off all of its electronic
current scope, was set up in 2013, after Atos announced in
Bleue credit card system was implemented. “Worldline”, in its
process card-based banking transactions at the time the Carte
Atos, was awarded the first contract in history in France to
Sligos, a company formed in 1972 and later incorporated into
The origins of “Worldline”’s business date back to 1973, when
Equens, Paysquare and Komercni banka on September 30, 2016.
In that perspective, “Worldline” has finalized transactions with
The transaction with Equens and Paysquare was made of two
acquiring subsidiary Paysquare.
Services, “Worldline” has acquired from Equens its commercial
former shareholders of Equens at 36.4%, while in Merchant
equensWorldline, owned by “Worldline” at 63.6% and by the
merged with Equens and resulted in the creation of
Financial Processing businesses of “Worldline”
(1)
have been
components: regarding Financial Processing activities, the
(merchant acquiring).
banka in credit and debit card payment processing services
was established in 2014 and has assumed activities of Komercni
operating under the “KB Smartpay” commercial brand. Cataps
100% subsidiary of the Komercní banka banking group and now
has acquired, as a first stage, 80% of Cataps s.r.o. (“Cataps”), a
the leading banks in the Czech Republic, under which “Worldline”
banka (KB), subsidiary of the Société Générale group and one of
The Group has also completed an agreement with Komercni
significantly reinforced product portfolio, a larger geographical
Processing. “Worldline”’s business perspectives broaden with a
c.+40% in Commercial Acquiring and c.+65% in Financial
its revenue size on a full year basis by c.+25%, out of which
benefits from a unique Pan-European footprint and has increased
Through these transactions, the enlarged “Worldline” Group
operating margin of € 196.9 million:
to Atos’ consolidated revenues of € 1,261 million and with an
payment experts. In 2016, “Worldline” generated a contribution
footprint and the additional expertise of c. 1,300 electronic
Over the 2017-2019 period, “Worldline”’s objective is to deliver:
organic revenue CAGR between +5% and +7%;
after a first semester 2017 at a slight positive growth, an
•
+400bp in 2019, compared with 2016
(2)
;
an OMDA percentage improvement between +350bp and
•
representing over +50% increase compared with 2016.
€ 210 million to € 230 million Free Cash Flow in 2019,
•
levers:
To reach its 2019 Ambition “Worldline” will focus on the following
undisputed leadership in Financial Processing;
take advantage of its unique Pan-European reach and
•
Omni-Commerce Merchant Services;
expand strongly its Pan-European platform for
•
market trends in Mobility & e-Transactional Services.
devote a particularly strong focus to take advantage of robust
•
Merchant Services & Terminals
C.5.1
merchant’s various physical and virtual sales platforms.
allow consumers to seamlessly transition between the
Group’s payment solutions and value added services thereby
generated during their interactions with their customers. The
sale, through targeted loyalty programs and analysis of data
payment acceptance and payment processing), and after the
payment value chain (from acquiring services to multi-channel
the sale, by offering a range of services across the electronic
merchants before the sale, through targeted origination, during
each step of the business relationship. The Group supports
retailers the unique opportunity to accompany their customers at
The Merchant Services global business line offers merchants and
Except for Financial Processing businesses in Asia and in Spain
(1)
c.18.5% OMDA margin, 2016 pro forma (Refer to Note 2 to “Worldline” 2016 consolidated financial).
(2)