Worldline Divests Its New Zealand Operations for €17M, Continues European Focus
Worldline announces entering exclusive negotiations to sell its New Zealand payment operations to Cuscal for an enterprise value of approximately €17 million. This divestiture is part of the European group's strategy to refocus on its payment activities in Europe.
Exclusive Negotiations for the Sale of New Zealand Payment Operations
Worldline is divesting its payment operations in New Zealand to Cuscal as part of exclusive negotiations initiated on April 14, 2026. The business unit involved handles about 70% of all in-store transactions in the country and serves the four major acquirers as well as around forty issuers. This division was managed independently from Worldline's European operations. The enterprise value of the transaction is estimated at approximately €17 million.
Financial Impact of the Divestiture
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
Almost there! Check your inbox.
A confirmation email has been sent. Click the link to confirm your subscription.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
The deconsolidation of this perimeter is expected to generate an impact on the group's revenue of approximately €35 million and on the adjusted EBITDA of about €12 million. The impact on free cash flow (FCF) is limited. The combined net proceeds from all announced divestitures (MeTS, Worldline North America, Cetrel, PaymentIQ, Worldline India, and Worldline New Zealand) are estimated between €560 and €610 million, with receipt expected in 2026.
Transaction Closure Scheduled for Q2 2026
The transaction closure is expected in the second quarter of 2026. Citigroup has been appointed as the exclusive financial advisor and Russell McVeagh as the international legal counsel for Worldline SA. This divestiture marks a new step in executing the strategy to refocus the group on its payment activities in Europe, streamline its operations, and optimize resource allocation.
SectorServices financiers›Services de traitement des transactions
Context
Period
Period: 3T 2025
Guidance from the release
Le chiffre d'affaires du troisième trimestre a été conforme à nos attentes... Nous confirmons donc nos prévisions pour 2025.
T3 conforme aux attentes avec -0,8 % organique ; resserrement de la guidance 2025 (baisse organique 1-4 %) ; EBE ajusté attendu 830-855m€ ; processus de cessions en cours (Mobilité & Services Web Transactionnels, activités nord-américaines) ; revues externes du portefeuille HBR et du cadre de conformité finalisées.
Risks mentioned
Baisse organique du chiffre d'affaires (guidance 2025 -1 % à -4 %)
Opérationnalisation inégale du cadre de conformité FCC au sein des entités
Portefeuille de commerçants à haut risque nécessitant surveillance continue
Hausse des coûts de financement impactant le cash-flow
Opportunities identified
Cessions d'actifs stratégiques (valorisation Mobilité 400m€ +10m€ conditionnels ; Nord-Amérique 70m€) pour simplifier le périmètre
Montée en puissance du nouveau management et simplification organisationnelle
Croissance des solutions SoftPOS et terminaux de nouvelle génération
Partenariats stratégiques (Yeepay, Outpayce) et contrats clients majeurs (RDG, Garanti Bank, grands groupes hôteliers)
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
