Worldline’s results, although in line with the guidance for Q3 21, were disappointing as the market expected a stronger sign after the guidance uplift. We believe Q4 will be better than that implied by the guidance.
Although the Board has approved TSS’s disposal, we do not believe that much progress has been made and do not foresee a happy ending considering the combination of anticipated sale price and accumulated delay in selling the unit.
28 Oct 2021
Betting on conservatism, unveiling a strong Q4
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Betting on conservatism, unveiling a strong Q4
- Published:
28 Oct 2021 -
Author:
Grégoire Hermann -
Pages:
3
Worldline’s results, although in line with the guidance for Q3 21, were disappointing as the market expected a stronger sign after the guidance uplift. We believe Q4 will be better than that implied by the guidance.
Although the Board has approved TSS’s disposal, we do not believe that much progress has been made and do not foresee a happy ending considering the combination of anticipated sale price and accumulated delay in selling the unit.