bullish
Worldline (WLN.FP) - Friday, Feb 16, 2024
SUMMARY
- Worldline (WLN FP) stock dropped over 60% after disappointing Q3 earnings and reduced guidance for 2023
- Company scrapped medium-term plan through 2024, facing challenges including costly French restructuring and uncertainty about merchant revenues
- Stock considered cheap at 6x multiple of EPS and EBIT in 2025, potential for shares to double or more in next 24-36 months with activist pressure and company hiring advisors. Worldline SA is second-largest merchant acquirer in Europe with focus on merchant, financial, and e-Transactional services.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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