Corporate StrategyCrédit Agricole's acquisition of a 7% stake is viewed as slightly negative overall for Worldline, as it might deter other French banks from forming similar joint venture deals with the company.
EarningsAfter just meeting the significantly lowered 2023 targets but lowering 2024 targets, analyst feels comfortable to sit below the Street, indicating a lack of confidence in future performance.
Financial PerformanceThe Street has severely downgraded its expectations for Worldline due to several business weaknesses, such as a slowdown in scheme fees and a reversal in working capital inflow.