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Sustained Growth In Issue Volume And Revenue In Edenred First-half 2012

1. Normalized organic growth target for the 2010-2016 period of 6% to 14% a year. Normalized growth is the objective that management considers to be attainable if unemployment does not rise.

2. In Europe including Hungary, issue volume was down 2.1% in the first half.

3. Corresponds to fees paid on prepaid service vouchers.

4. Based on comparable scope of consolidation and constant exchange rates.

5. IV : Issue volume.

6. Where legislation favoring local companies was introduced in the meal voucher market on January 1, 2012.

7. IV : Issue volume

8. Normalized organic issue volume growth target for the 2010-2016 period of 6% to 14% a year. Normalized growth is the objective that management considers to be attainable if unemployment does not rise

SOURCE Edenred

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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