Worldline SA/France

Worldline SA is engaged in the provision of payment and transactional services. The firm serves the retails and merchants, financial institutions, manufacturing, transport, and public sectors. It operates through the following segments: Merchant Services, Financial Services, and Mobility and e-Transactional Services. The Merchant Services segment offers commercial acquiring, terminal services, omnichannel payment acceptance, private label card and loyalty services, and digital retail services. The Financial Services segment comprises of issuing processing, acquiring processing, digital banking, and account payments services. The Mobility and e-Transactional Services segment refers to trusted digitization, e-ticketing, contact and consumer cloud, and connected living and mobility business division. The company was founded on July 31, 1990 and is headquartered in Paris, France.

Credem has picked France's Worldline as the preferred bidder to buy its business to handle payment services for shopowners, the Italian bank said on Tuesday, after running a tender that involved the sector's main players.

Worldline in exclusive talks for Credem's shop payments business

Combined General Meeting of June 13, 2024 Availability of preparatory documents Paris La Défense, May 24, 2024 – The shareholders of Worldline [Euronext: WLN] are convened to a Combined General Meeting (ordinary and extraordinary) on Thursday, June 13, 2024 at 2:30 p.m. (Paris time) at Tour Cœur Défense – 100-110 Esplanade du Général de Gaulle – 92931 La Défense.

Worldline: Combined General Meeting of June 13, 2024 Availability of preparatory documents

Visa

Worldline has partnered with Visa to launch a virtual card issuing solution focused on the online travel agency (OTA) market. With access to this dedicated B2B virtual card program, OTAs will be able to pay suppliers more quickly and securely, the companies said in a Tuesday (May 14) press release.

Worldline and Visa Partner on Virtual Card Issuing Solution

Worldline SA (OTCPK:WWLNF) Q1 2024 Sales Trading Statement Call May 2, 2024 2:00 AM ET Company Participants Gilles Grapinet – CEO Grégory Lambertie – Group CFO Marc-Henri Desportes – Deputy CEO & Head of Merchant Services Conference Call Participants Frederic Boulan - Bank of America Securities Mohammed Moawalla - Goldman Sachs Alexandre Faure - BNP Paribas Exane Joshua Levin - Bernstein Autonomous Emmanuel Matot - ODDO BHF Sandeep Deshpande - J.P. Morgan Chase Operator Good day and thank you for standing by.

Worldline SA (WWLNF) Q1 2024 Sales Trading Statement Call Transcript

Q1 2024 revenue Q1 2024 Group revenue: € 1,097 million +2.5% organically +3.9% in Merchant Services

WORLDLINE : Q1 2024 revenue

2023 Universal Registration Document available Paris La Défense, April 30, 2024 – Worldline [Euronext: WLN], a global leader in payments services, today announces the filing of its 2023 Universal Registration Document with the French Financial Markets Authority (AMF) in ESEF format (European Single Electronic Format) in French version on Tuesday, April 30, 2024, under number D.24-0377. The Universal Registration Document is available to the public in accordance with the applicable regulations and may be consulted on the Company's website at the following address worldline.com in the Investors section and on the website of the AMF at the following address: amf-france.org.

WORLDLINE: 2023 Universal Registration Document available

Good morning, Bonjour, Please find attached the press release related to the Worldline governance evolution. Veuillez trouver ci-joint le communiqué de presse relatif à l'évolution de la gouvernance de Worldline.

Worldline new governance

VICTORIA, BC , April 3, 2024 /PRNewswire/ - Worldline [Euronext: WLN], a global leader in payments services, is proud to announce that its Canadian office has been certified as a Great Place To Work® for the third consecutive year, following a comprehensive, independent analysis conducted by Great Place to Work Institute ® Canada. This certification is a result of direct feedback from employees, gathered through an extensive and confidential survey about their workplace experience.

Worldline North America celebrates third consecutive certification as a Great Place To Work®

Worldline governance evolution Paris La Défense, 21 March 2024 – Worldline [Euronext : WLN], a global leader in payment services, today announces an evolution of its governance and the cooptation of Wilfried Verstraete as independent director ahead of its anticipated future election as Chairman of the Board of directors. New Chairman of the Board of directors Worldline's Board of directors met on March 20th, 2024, and upon recommendation of the Nomination Committee, decided to coopt Wilfried Verstraete as independent director, replacing Bernard Bourigeaud.

Worldline governance evolution

Press Release A new major step in their partnership to provide digital payments to merchants in France: Crédit Agricole and Worldline announce the launch of their joint-venture Montrouge, Paris La Défense, 20 March 2024 - After receiving unconditional authorization from the European Commission, Crédit Agricole [Euronext: ACA] and Worldline [Euronext: WLN] announce the creation of their joint-venture for digital payment services for merchants in France. At the first Board meeting, held on 19 March 2024, Laurent Bennet, Chief Executive Officer of Crédit Agricole des Savoie, was elected Chairman of the Board of Directors and Meriem Echcherfi was appointed Chief Executive Officer.

Crédit Agricole and Worldline announce the launch of their joint-venture

Worldline is a digital payments company that has experienced a decline in financial performance, leading to a restructuring program. The company's largest segment is Merchant Services, followed by Financial Services, with a smaller portion from Mobility and e-Transactional Services. Worldline has set financial targets for 2022-2024, aiming for revenue growth, margin improvement, and increased free cash flow conversion rate.

Worldline Is Now An Interesting Turnaround Play

Worldline SA (WWLNF) Q4 2023 Earnings Call Transcript

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.

Worldline shares fall after $1.25 bln hit in merchant services

Good morning Bonjour, Please find attached the press release related to Worldline's FY 2023 results that the Group publishes today. Veuillez trouver ci-joint le communiqué de presse relatif aux résultats annuels 2023 de Worldline que le Groupe publie aujourd'hui.

Worldline FY 2023 results

Worldline is planning to cut 8% of its workforce, part of a wave of financial sector layoffs. The French payments company is looking to reduce costs by around $215 million and “support stronger future growth and cash generation,” according to a Wednesday (Feb. 7) press release.

Worldline Plans to Cut 8% of Staff to Save $215 Million

French digital payments company Worldline said on Wednesday it would cut its global workforce by around 8% as part of a cost reduction plan initially announced in October.

Worldline to lay off 8% of its workforce

Launch of Power24 Accelerating Worldline's post-integration transformation to reinforce its competitiveness by reducing costs, to support stronger future growth and cash generation

Worldline - Launch of Power24

Update of share ownership based on notifications of by-laws thresholds La Défense, January 24, 2024 – Worldline [Euronext: WLN] updates information regarding its shareholding structure . Worldline has updated the information regarding its share ownership based on the notifications of crossings of by-laws thresholds and legal disclosures received since July 1, 2023.

Worldline 20240124 - Press release - update shareholding base

Credit Agricole on Monday said it had acquired a 7% stake in payments company Worldline as the two firms push ahead with plans announced in July to launch a new joint venture payments processing company intended to become a major player in France's financial services sector.

Credit Agricole snaps up 7% stake in JV partner Worldline after 66% stock slide

French bank Credit Agricole said on Monday it had bought 7% of Worldline , in a bid to bolster the payments group after a slump in its share price last year.

France's Credit Agricole buys 7% stake in payments firm Worldline

Worldline welcomes Crédit Agricole as a long-term shareholder Paris La Défense, 22 January 2024. Worldline welcomes the announcement that was disclosed this morning by Crédit Agricole of its c.

20240122 - Worldline welcomes Crédit Agricole as a long-term shareholder

Montrouge, January 22, 2024 This investment is building upon the strategic partnership between Crédit Agricole Group and Worldline S.A., for which the signing of a binding agreement was announced in July 2023. It is intended to strengthen this partnership to create a major player in the French merchant payment services market.

CREDIT AGRICOLE SA: Crédit Agricole S.A. announces the acquisition of a minority stake in Worldline

Worldline is reportedly taking action to address its recent share price slump and reassure shareholders. In an effort to restore investor confidence, the Paris-based payments group has engaged the services of Morgan Stanley and Rothschild & Co. to develop a defense strategy and explore options, Reuters reported Tuesday (Jan. 16), citing unnamed sources.

Report: Worldline Working to Reassure Investors After Share Price Slump

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.

Exclusive: Worldline taps advisers for defence strategy amid share slump –sources

Alphabet

Worldline selects Google Cloud technology to boost its digital transformation and continue to streamline its operations Google strengthens its partnership with Worldline as a payment provider Worldline and Google to bring innovation to merchants and financial institutions, and to explore the potential of artificial intelligence The two partners to jointly explore impactful go-to-market opportunities SUNNYVALE, Calif, and PARIS LA DÉFENSE, France , Jan. 16, 2024 /PRNewswire/ -- Worldline (Euronext: WLN), a global leader in payment services, and Google announced today a strategic partnership designed to leverage cutting-edge cloud-based technologies from Google Cloud to take Worldline's digital transformation further. As part of the partnership, Google will also work with Worldline to facilitate seamless online payments for Google's customers in Europe.

News for Worldline SA/France Stock (WRDLY)