Q3 2025 Nexi SpA Earnings Call Transcript
Key Points
- Nexi SpA (NEXXY) continues to deliver profitable growth with a 2.8% revenue increase over nine months and 1.8% in the third quarter.
- The company is successfully executing its strategy in the integrated payment space, adding about 500 partners across geographies.
- Merchant solutions in Germany are experiencing double-digit growth, showcasing Nexi SpA's competitive strength in the market.
- Nexi SpA has returned €600 million to shareholders this year, a 20% increase from the previous year, while maintaining an investment-grade issuer status.
- The company expects to generate excess cash of more than €800 million with high confidence, supporting future growth and shareholder returns.
- Revenue growth is impacted by bank losses and key bank price negotiation effects, with the peak expected in Q4 2025.
- The EBITDA margin is affected by a different revenue mix and operating cost phasing, leading to a slightly lower margin in the quarter.
- Merchant solutions face challenges from discontinuities, particularly in Italy, impacting growth.
- The company anticipates a softer performance in Q4 for issuing solutions due to insourcing from a large Nordic client.
- There is pricing pressure in Poland and a shift to larger customers in e-commerce, affecting revenue growth.
Good morning. This is the conference operator. Welcome and thank you for joining the NEC 9 month 2025 financial results presentation. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and 0 on their telephone. At this time, I would like to turn the conference over to Mr. Paulo Bertoluzzo, CEO of Nexi. Please go ahead, sir.
Good morning. Good morning to everyone and welcome to our nine month results call for 202,025. As usual, I'm here with Bernardo Mingrone, our deputy GM and Chief Financial Officer, with Stefani Montegasta leading Aar and a few more members of our team that may have to answer your questions as needed as usual. Start with a summary of the key messages. I will hand over to Bernardo to cover the results in more detail, and I will come back for the closing remarks and most importantly to answer to your questions. Let me jump to page
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
