Earnings release
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WORLDLINE MW PRESS RELEASE Q3 2021 revenue¹ in line with full - year trajectory Robust organic growth of 8.3 % Q3 revenue : € 960 million Divestment strategy of the payment terminal business validated² Short term scenario : sale discussions progressing as per plan 2021 objectives for continued operations³ in line with full year guidance At least 6 % revenue organic growth Above 200 bps OMDA margin improvement vs. 2020 proforma ( 23.1 % ) Circa 42 % OMDA conversion to FCF ( stable versus 20204 ) New governance in place Chairman of the Board : Bernard Bourigeaud CEO : Gilles Grapinet Bezons , October 26 , 2021 - Worldline [ Euronext : WLN ] , leader in the payments industry , today announces its Q3 2021 revenue . As planned at the time of the Ingenico's acquisition , the new governance of the Group has been implemented by the Board of Directors , with Bernard Bourigeaud appointed as Chairman while Gilles Grapinet remains CEO . Gilles Grapinet , CEO of Worldline , said : " Throughout the third quarter , Worldline benefited from steady dynamics in domestic payment transaction volumes , allowing the Group to deliver particularly robust growth well in line with our central scenario for the year . The ongoing trends are expected to continue , paving the way for further acceleration in Q4 . As such , we confirm our 2021 objectives , which are now excluding those of the payment terminal business . As part of the review of the payment terminal activity , the Board of Directors has validated the divestment strategy . Correspondingly , the Group has completed the definition of all the elements necessary for a fully stand- alone and independent TSS business . The Group is currently giving priority to the short - term scenario with sale discussions progressing as per plan . Finally , Worldline will host tomorrow its 2021 Investor Day where we will present our vision for the next three years . " 1 Excluding TSS 2 Subject to appropriate social process 3 Excluding TSS from January 1st , 2021 4 Excluding TSS mature activity with a significantly higher conversion rate 1