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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)

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