Provider of payment services Worldline today announced its 2023 annual results.
Worldline’s FY 2023 revenue reached €4,610 million, representing 6.0% revenue organic growth, in line with the revised guidance provided in October 25,2023.
Merchant Services (€3,325 million revenue, +8.9% organic growth) experienced a contrasted performance between a good first half and a second half of the year. This was due in particular to the economic and consumption slowdown in Europe, which further deteriorated during the fourth quarter versus the third quarter, and to the impact of announced online merchants termination which represented circa €30 million impact in H2 2023.
Financial Services performance (€ 944 million revenue, 1.3% organic decline) reflected the low conversion of pipeline opportunities, which was partially offset by the…
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