Italy's Nexi confirms guidance after earnings meet forecasts

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

MILAN : Italy's Nexi on Thursday confirmed its 2023 guidance after meeting forecasts with quarterly revenue and core profit though slower summer activity this year compared with 2022 curbed growth at its core shopowners' payments business.

FILE PHOTO: The logo of Italian payments group Nexi is pictured inside their headquarters in Milan, Italy, March 28, 2019. REUTERS/Alessandro Garofalo/File Photo

Nexi said it had sold ID, a system to verify users' online identity and data, which it had lined up for disposal during its latest capital markets day to streamline its operations. Nexi's earnings before interest, tax, depreciation and amortisation came in at 495.8 million euros , fractionally ahead of analyst forecasts. Revenues totalled 872 million euros, in line with expectations.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines