INGIY - Focus On Europe - Ingenico: The Panic Reaction After The Profit Warning Was Unwarranted
by The Investment Doctor
Introduction
In this edition of Focus on Europe, we will have closer look at Ingenico, the French payment systems operator. 2018 was a roller coaster year as the company had to deal with an expensive acquisition in 2017, a worsening situation at its banking division and failing to find a 'strategic solution' (French bank Natixis (NTXFF) was rumored to be interested in acquiring Ingenico, but nothing materialized).
If you missed the previous edition of Focus on Europe wherein Burberry (BURBY) was discussed, you can re-read it