Worldline Sa Ord (WWLNF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening and thank you for standing by. Welcome to the Worldline Q1 2025 Revenue Conference call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Pierre-Antoine Vacheron, Worldline Group CEO. Please go ahead. Thank you. Thanks a lot and good evening everybody and thanks a lot for joining this call. Since it's my first conversation with you before we enter into the presentation on Q1, let me start with a few personal comments. First comment, I must say that I'm extremely happy to have taken the leadership of Worldline. Over the last weeks, I've been in many locations already, and I can confirm that this company has great assets, extended breadth of skills, to serve customers in an industry which is really fascinating and where no position is granted. Having been in this industry for more than 15 years, I can say that nothing that I've been seeing so far has been a surprise to me. Issues are acknowledged and the teams are ready to move forward. So in a nutshell, I would say that nothing in what is wrong at Worldline can be fixed Third comment, I have been able, as expected, to leverage on my knowledge of the industry and of the company to hit the ground running. We've been in a position to take early decisions to fix some issues and to make early appointments that will increase our delivery capacity. Maybe if I can dive a bit into my initial findings, and you can follow on the slides which is on your screen. I have divided my views into four categories, market product, infrastructure, and organization. In each case, I see a solid base at Worldline, but the necessity to make several improvements. I will summarize each in turn. As far as our addressable market is concerned, we operate in...