The logo of Italian payments group Nexi is pictured inside their headquarters in Milan, Italy, March 28, 2019.
Nexi said it had sold ID, a system to verify users' online identity and data, which it had lined up for disposal during its latest capital markets day to streamline its operations.
Nexi's earnings before interest, tax, depreciation and amortisation came in at 495.8 million euros ($531 million), fractionally ahead of analyst forecasts.
Revenues totalled 872 million euros, in line with expectations.
($1 = 0.9343 euros)Reporting by Valentina Za, editing by Giulia SegretiOur Standards: The Thomson Reuters Trust Principles.
Persons:
Alessandro Garofalo, Nexi, amortisation, Valentina Za, Giulia Segreti
Organizations:
REUTERS, Thomson
Locations:
Milan, Italy