Worldline reports decline in Q1 sales on health curbs


FILE PHOTO: A logo of payments company Worldline is seen in the illustration picture taken February 3, 2020. REUTERS/Christian Hartmann/Illustration/File Photo

(Reuters) -French payment services provider Worldline reported on Wednesday a drop of 9% in first-quarter sales from a year ago, citing health restrictions in key markets, particularly Germany and Switzerland.

The group, which processes transactions for clients ranging from merchants to government agencies, said first-quarter sales reached 1.08 billion euros ($1.30 billion), below last year's figure of 1.19 billion euros.

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