Worldline SAWO6
▲ PositiveCapitalrelevance
Net debt halved, leverage target hit early, FCF guidance upgraded.
Impact on stocks 1
Financials
Worldline SAWorldline SAWorldline SA reduced its net debt to €1.1 billion from €2.2 billion in the first half of 2026, achieving its leverage target of less than 2x EBITDA six months ahead of schedule. Adjusted EBITDA for H1 2026 reached €294 million, and the company confirmed its full-year adjusted EBITDA outlook of €630 million to €650 million while upgrading its free cash flow guidance. Merchant Services external revenue grew 2% year-over-year in Q2, driven by strength in Greece, the Nordics, and Germany, though Financial Services external revenue declined 6.9% due to contract terminations. Normalized net income was €65 million, with normalized diluted earnings per share of €2.04. Free cash flow remained negative in the first half but was better than anticipated, and the company cited strong cost controls as offsetting a marginal downward revision to full-year revenue guidance.
Worldline SANet debt halved, leverage target hit early, FCF guidance upgraded.