Edenred (EDEN) Investor presentation summary

Global leadership and diversified business model

• Operates in 44 countries with €3bn total revenue in 2025 and leadership in 70% of its markets.

• Business lines include Benefits & Engagement (66% of revenue), Mobility (26%), and Payment Solutions & New Markets (8%).

• Portfolio highly diversified, with over 40% of operating revenue outside core Meal & Food and Fuel activities.

• Largest client represents less than 1% of business volume, ensuring low concentration risk.

• Revenue growth is 2.5x faster than addressed markets from 2022 to 2025.

Strategic plan and growth drivers

• Amplify 25-28 plan focuses on attracting more users, increasing value per user, and activating new services.

• Strong commercial traction in H1 2026, especially in SME segment and Mobility, with >10% LFL growth.

• Cross-sell and upsell strategies, including legal face value increases and acquisitions, drive revenue per user.

• Acquisition of TMH Solutions strengthens EV charging offer for B2B fleets in Germany and Austria.

• ARPU expected to rise from ~€45 in 2025 to ~€70 by 2028, driven by portfolio diversification and monetization.

Technology and operational efficiency

• Data and AI investments to increase sixfold by 2028, enhancing process automation and competitiveness.

• AI-driven automation in lead-to-order process boosts SME acquisition and reduces customer acquisition costs by 30%.

• AI-powered B2B fleet maintenance improves productivity and service order approval rates.

• EdenChat tool provides secure, cost-effective AI-powered employee benefits.