Worldline shares tank as CEO leaves, cuts guidance
Stock down nearly 18% (Il Sole 24 Ore Radiocor) - Paris , 13 Sep - Shares of the French payments company Worldline were down sharply in Paris trade, following the announcement its chief executive Gilles Grapinet is stepping down and a downward revision in its full-year guidance.
At 0815 GMT, Worldline shares were down 17.87% to 6.92 euros.
Worldline now expects organic revenue growth of 1% for the full year, down from previous guidance of 2-3% growth.
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(RADIOCOR) 13-09-24 10:23:49 (0198) 5 NNNN