Edenred SE (OTCPK:EDNMY)
$ 16.5 0.01 (0.06%) Market Cap: 8.02 Bil Enterprise Value: 9.89 Bil PE Ratio: 26.83 PB Ratio: 0 GF Score: 75/100

Edenred SE to Acquire Leading Platform Reward Gateway Call Transcript

May 16, 2023 / 06:30AM GMT
Release Date Price: $32.8 (+2.50%)
Operator

Good day, and welcome to Edenred Conference Call. My name is Priscilla, and I'll be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions).

I will now hand you over to your host, Bertrand Dumazy, the CEO; as well as Julien Tanguy, the CFO, to begin today's conference. Please go ahead, sir. Thank you.

Bertrand Dumazy
Edenred SE - Chairman & CEO

Yes. Good morning, everybody. Thank you for joining us for the Reward Gateway acquisition by Edenred. I propose that we move to Page 2 of the presentation, and we start with fast executive summary.

So what is it about? It's about the acquisition of 100% of Reward Gateway, which is a leading Employee Engagement platform, and this acquisition is made for an amount of GBP 1.1 billion. What kind of platform are we talking about? It's a SaaS platform offering a full suite of Employee Engagement platform, mainly in 4 modules, Employee Savings, Rewards and Recognition, Well-being and Social animation. This platform is fast growing, it's highly profitable and

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