Worldline Reports Organic Decline in Revenue for the Third Quarter of 2025
Worldline has posted a consolidated revenue of 1,149 million euros for the third quarter of 2025, marking an organic decline of 0.8%, and has completed the external review of its merchant portfolio.
Financial Performance and Outlook
According to the press release by Worldline, the group's revenue for the third quarter of 2025 amounted to 1,149 million euros, representing an organic decline of 0.8% compared to the same period in 2024. This change reflects a sequential improvement from previous quarters, due to a mitigation of the impact of non-recurring items. By segment, Merchant Services generated 862 million euros (down 0.1%; -3.5% on a net basis), Financial Services 201 million euros (a decline of 4.5%), and the Mobility & Transactional Web Services division 85 million euros (up 0.6%). For the first nine months of the fiscal year, total revenue reached 3,353 million euros, with an organic decrease of 2.6%. For the full year 2025, Worldline has tightened its guidance and now expects an organic revenue decline between 1% and 4%, an adjusted EBITDA expected between 830 and 855 million euros, and a free cash flow ranging from -30 million to 0 million euros, impacted by controlled investments and rising financing costs.
Strategic Restructuring and Divestment
Worldline reports continued simplification of its organization and accelerated transformation, particularly by refocusing on its strategic activities. The group announces entering exclusive negotiations with Shift4 for the sale of its North American operations, representing an enterprise value of 70 million euros for a scope that generated nearly 60 million euros in revenue in 2024. The signing of the agreement is expected in the fourth quarter of 2025, with completion anticipated in the first half of 2026. Additionally, the project to divest the Mobility & Transactional Web Services activity to Magellan Partners Group is progressing as scheduled, with signing expected in the coming weeks and closure in the first half of 2026. Restructuring efforts are also reflected in a target of 50 million euros in annual cash cost savings by the end of 2025.
Completion of External Merchant Portfolio Review
The external review of the high-risk merchant portfolio is announced as completed, conducted by Accuracy, with no significant terminations expected beyond the measures already taken since 2023. An external audit of the compliance and risk management framework, carried out by Oliver Wyman, concludes that the system is generally in line with market standards, while noting margins for improvement in automation and centralization of processes. Worldline also informs of its active cooperation with regulators and payment schemes. The management will present its outlook during the investor day scheduled in Paris on November 6, 2025, highlighting the strategy for returning to growth and cash generation.
