4 days ago
Adyen Walks Back Growth Outlook as Clients Face Trade War Heat
Adyen NV said net revenue growth acceleration this year is unlikely, citing increased macroeconomic uncertainty from the trade war that is weighing on the volume of payments processed by the Dutch company.
Market volume growth in the first half was slower than expected and those trends are expected to last the rest of the year, the Amsterdam-based company said in a statement on Thursday.