Worldline - 2020 Universal Registration Document
FINANCIALS 2021 revenue trend scenario
Headcount movements by geography in 2020 are detailed herein below:
Scope effects
Dimiss/ Restruc.
Dec. 2019
Other Dec. 2020
Hiring Leavers
Changes
Southern Europe Northern Europe
4,317
1,413
300 335 236
-117 -256 -297
-61 -73
-91 -30
5,761
1,444 25.1%
3,402 1,668
5,046 1,644 32.6% 4,380 2,999 68.5%
Asia Pacific
1,381
3,061
-2
1
Central & Eastern Europe
2,464 1,846
290
-185
-3 -2
-84
4,328 1,864 43.1%
Americas Worldline
313
926
24
-56
-11
1,194
881
73.8%
11,877 8,914 1,185
-911
-141
-215
20,709 8,832 42.6%
2021 revenue trend scenario E.2
objectives are based on the following hypothesis for
In H 2 2021:
●
2021:
Ease of domestic restrictions with end of lockdowns for ● non-essential merchants, end of curfews and borders’ restrictions, Intra-European travels fully allowed and progressive ● return to normal level of travel flows, No significant intercontinental travel. ● These assumptions should lead to the following revenue trends: Flat to slightly negative organic growth in H1 2021; ● Circa double-digit organic growth in H 2 2021. ●
In H1 2021:
●
Severe governmental domestic restrictions during Q1, ● including lockdowns of non-essential merchants, curfew, and borders’ restrictions in most of Worldline’s key countries, Partial relief of restrictions in the course of H1 2021, in ● particular in Q2 2021, No significant intra-European travels, ● No intercontinental travels, ● Ramping-up of vaccination campaigns; ●
E
2021 objectives [GRI 102-7] E.3
Free cash flow : c. 50% OMDA conversion rate. ●
2021 objectives are based on revenue trend scenario described above and are the following: Revenue organic growth : At least mid-single digit; ● OMDA margin : c. +200 basis points improvement vs. pro ● forma 2020 OMDA margin of 23.9%;
2021 objectives are expressed at constant scope and exchange rates and according to Group’s accounting standards.
Universal Registration Document 2020
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