Worldline Sa Ord (WWLNF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening, and thank you for standing by. Welcome to the Worldline Q3 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. Thank you, operator, and thanks a lot. to all of you for joining our Q3 revenue call. Before we begin the presentation, let me welcome Srikant Sethshadi, who joined as our new CFO last month and who is here with me today. Some of you may have spoken to Srikant already and you'll have the opportunity to meet him, obviously, at our Capital Market Day on the 6th of November. I must say I'm super happy to have Shrikant on board with me. He comes with extensive experience at Alstom, and I can tell you that he already has a big impact on the organization. So maybe to start with the key highlights, I will not comment on the whole slide, but what you can see on this slide is that Q3 has again been super active as this management is acting with a true sense of urgency to put the company back on track. Our Q3 revenue performance is in line with expectations, with the good news of stabilization of revenue at merchant services versus last year's Q3, and the slowdown of the decline on financial services. that Srikanth will comment more, combined with the underlying trends that we see, allow us to confirm the guidance of July in a narrow brand between €830 million and €855 million of adjusted EBITDA and a free cash flow including the increase of financial costs that would be between minus 30 and 0 plus, depending on the ABDA. This performance of Q3 is linked to the positive impact of the measures that we have taken since April. As you remember, one of our key challenges was the un...