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Q3 2020 Edenred SA Corporate Sales Call Transcript
Ladies and gentlemen, welcome to the Edenred Q3 2020 Revenue Conference Call. I now hand over to Bertrand Dumazy, Chairman and CEO; and Patrick Bataillard, CFO. Sirs, please go ahead.
Yes. Good morning, everybody. Thank you for joining us this morning to share the Edenred Q3 2020 revenue. Together and for -- sorry, and I will be with Patrick Bataillard, our CFO, and we will be together for the next 75 minutes.
I propose that we go to Page 2 of the presentation, titled Executive Summary. The first thing I want to share with you is, yes, Edenred demonstrated a rebound in Q3 with a total revenue of EUR 357 million, up 0.5% like-for-like versus minus 15.5% in Q2. So Edenred is back to growth.
The second thing is the growth means a global improvement in all business lines and in all geographies with a specific focus on Europe, where the operating revenue grew up 7.3% like-for-like versus minus 13.1% in Q2, and we also see a gradual recovery in Latin America.
The third element is we
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