CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Nexi posts Q3 earnings above consensus, confirms guidance

By Reuters News

Nov 5 (Reuters) - Italian payments group Nexi NEXII.MI reported third-quarter core earnings above expectations on Thursday, helped by cost controls, and confirmed its full-year outlook.

The group's EBITDA was broadly in line with last year at €530 million ($596.83 million) in the quarter, compared with a ​company-provided consensus of €518 million.

  • Nexi confirmed its full-year guidance, which forecast net revenue growth broadly in line with 2025 and stable core earnings

  • It reported third quarter revenue of €942 million, exactly in line with​ the company-provided consensus

  • Last week, the European Central Bank (ECB) selected Nexi and Deutsche Telekom DTEGn.DE to provide the Digital Euro Network Service Provider (NSP) Connectivity

($1 = 0.8880 euros)

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk