Worldline drops further as limited visibility worries investors
** Shares in Worldline WLN.PA drop around 12% to new record low, extending Friday's losses, with analysts pointing to uncertainty overthe French payment group's financial recovery and management changes
** "Investors are probably uncertain about the turnaround which really depends on new CEO and top management," Jefferies analyst Hannes Leitner says, adding that Deputy-CEO Marc-HenriDesportes is seen as partly responsible for the group's current issues
** Worldline said on Friday Desportes will replace long-time CEO Gilles Grapinet for an interim period, as the company issued its third profit warning within a year
** Today's share drop could also be caused by late withdrawal from funds that were not able to sell their stake on Friday, due to liquidity constraints, Leitner says
** "While this is a first step, the road to recovery is likely to be long and arduous," Stifel analysts say in a note on Friday referring to Grapinet's departure
** They cut their PT on the stock by 36% to 8 euros and expect further changes, that could include further impairments, more management changes and review of its businesses
** The stock fell 15% on Fridayand including session's losses, shed 59% since the beginning of the year
Reporting by Alban Kacher
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
