Edenred Company profile
About Edenred SE
Edenred SA, formerly New Services Holding SA, is a France-based company engaged in the provision of prepaid corporate service vouchers. It designs and manages solutions that improve the efficiency of organizations and purchasing power to individuals. By ensuring that allocated funds are used specifically as intended, the Company's solutions enable its customers to more effectively manage their employee benefits (such as Ticket Restaurant, Ticket Alimentacion, Ticket Universal Employment Service Voucher (CESU) and Childcare Vouchers, among others), expense management process (Ticket Car, Ticket Clean Way and Repom, among others) and incentive and rewards programs (such as Ticket Compliments, Ticket Kadeos, among others). Edenred SA also supports public institutions in managing their social programs. The Company also operates through Vasa Slovensko and is present in over 40 countries in Americas, Europe, Africa and Asia. It also operates through UTA.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Edenred SE revenues increased 11% to EUR1.63B. Net income increased 32% to EUR313M. Revenues reflect Operating revenue increase of 11% to EUR1.58B, Other revenue increase of 5% to EUR44M. Net income benefited from Other financial income and expenses, net decrease of 57% to EUR9M (expense), Impairment of Intangible assets decrease of 54% to EUR6M (expense).