Worldline - Group exposure to the situation in Ukraine and Russia
March 18 2022 - 2:00PM
Worldline - Group exposure to the situation in Ukraine and Russia
Update on Worldline
exposureto the situation in Ukraine and
Russia
Paris La Défense,
March 18,
2022 – Worldline [Euronext: WLN], a global
leader in the payments industry,
informs about its Group exposure to the situation in
Ukraine and Russia according to European
Securities and Market Authority (ESMA) relayed by the French
regulator Autorité des
Marchés Financiers (AMF)
recommendations.
Considering the development of the situation in
Ukraine and the geopolitical context, the Worldline Group, in
compliance with its corporate policies, has been immediately
enforcing all the international sanctions applicable to Russia and
will pursue doing so as long as necessary.
In line with the recommendations of the European
Securities and Market Authority (ESMA) relayed by the French
regulator Autorité des Marchés Financiers (AMF), the Group confirms
that its business related to Russia is limited, representing only
c. 1.5% of its 2021 estimated proforma annual Worldline Group’s
revenue on continued operations, mainly from its online acceptance
business, operated from outside Russia and allowing domestic
consumers to transact online with non-Russian international
Merchants.
More broadly, while having no business exposure
to Ukraine, other Eastern European neighboring countries to Russia
and Ukraine1,represent only c. 1.5% of the estimated proforma
annual Group's revenues in 2021 on continued operations, of which
circa half of it related to transaction processing activities
(Financial Services) in the Baltics. These activities are not
impacted by the current conflict in Ukraine.
Moreover, the Group has no significant exposure
to Russian software solutions or subcontractors impacted by the
ongoing sanctions or those who could be, due to its internal
development policy of its own solutions.
Forthcoming events
- April 27,
2022 Q1
2022 revenue
- June 9,
2022 Annual
General Shareholders’ Meeting
- July 27,
2022 H1
2022 results
- October 25,
2022 Q3 2022
revenue
Contacts
Investor Relations
Laurent Marie+33 7 84 50 18
90laurent.marie@worldline.com
Benoit d’Amécourt+33 6 75 51 41
47benoit.damecourt@worldline.com
Communication
Sandrine van der Ghinst+32 499 585
380sandrine.vanderghinst@worldline.com
Hélène Carlander+33 7 72 25 96
04helene.carlander@worldline.com
About
Worldline
Worldline [Euronext: WLN] is a global leader in
the payments industry and the technology partner of choice for
merchants, banks and acquirers. Powered by 20,000 employees in more
than 50 countries, Worldline provides its clients with sustainable,
trusted and innovative solutions fostering their growth. Services
offered by Worldline include instore and online commercial
acquiring, highly secure payment transaction processing and
numerous digital services. In 2021 Worldline generated a proforma
revenue close to 4 billion euros. worldline.com
Worldline’s corporate purpose (“raison d’être”)
is to design and operate leading digital payment and transactional
solutions that enable sustainable economic growth and reinforce
trust and security in our societies. Worldline makes them
environmentally friendly, widely accessible, and supports social
transformation.
Disclaimer
This document contains forward-looking
statements that involve risks and uncertainties, including
references, concerning the Group's expected growth and
profitability in the future which may significantly impact the
expected performance indicated in the forward-looking statements.
These risks and uncertainties are linked to factors out of the
control of the Company and not precisely estimated, such as market
conditions or competitors’ behaviours. Any forward-looking
statements made in this document are statements about Worldline’s
beliefs and expectations and should be evaluated as such.
Forward-looking statements include statements that may relate to
Worldline’s plans, objectives, strategies, goals, future events,
future revenues or synergies, or performance, and other information
that is not historical information. Actual events or results may
differ from those described in this document due to a number of
risks and uncertainties that are described within the 2020
Universal Registration Document filed with the French Autorité des
marchés financiers (AMF) on April 13, 2021 under the filling
number: D.21-0303 and its Amendment filed on July 29, 2021 under
the filling number: D. 21-0303-A01.
Worldline does not undertake, and specifically
disclaims, any obligation or responsibility to update or amend any
of the information above except as otherwise required by law.
This document is disseminated for information
purposes only and does not constitute an offer to purchase, or a
solicitation of an offer to sell, any securities in the United
States or any other jurisdiction. Securities may not be offered or
sold in the United States unless they have been registered under
the U.S. Securities Act of 1933, as amended (the “U.S. Securities
Act”) or the securities laws of any U.S. state, or are exempt from
registration. The securities that may be offered in any transaction
have not been and will not be registered under the U.S. Securities
Act or the securities laws of any U.S. state and Worldline does not
intend to make a public offering of any such securities in the
United States.
- Worldline - Group exposure to the situation in Ukraine and
Russia
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