Jacques Stern, Chief Executive Officer of Edenred, said:
"Fifty years after the invention of the Ticket Restaurant ® meal voucher, Edenred today offers a wide range of solutions that make employees' lives easier and improve the efficiency of organizations. We are the world leader in corporate prepaid services, with operations in emerging markets as well as in developed countries.
"Our ambition is to become the referent partner for clients, affiliates, beneficiaries and public institutions. Driven by this ambition, we are focusing on building differentiated solutions and delivering high quality service by listening to our stakeholders in order to better understand their needs.
"In this way, the Group will enjoy strong, steady growth over the long term. "CREATING AND ROLLING OUT SOLUTIONS IN THE PREPAID MARKET Edenred is today positioned as the world leader in prepaid corporate services market, which estimated size is €121 billion. In 2010, Edenred generated €13.9 billion, offering three types of solutions:
- Employee benefits (87% of issue volume)
- Expense management (8% of issue volume)
- Incentive and rewards (3% of issue volume)