By Gianluca Lo Nostro

(Reuters) -Adyen, the Dutch company known for handling payment processing for eBay and Spotify, set new financial targets on Tuesday, aiming for stronger profitability and steady revenue growth.

The company is gaining ground against U.S. rivals despite most European peers struggling, helped by its strategy of expanding in North America and Asia.

Adyen now expects its earnings before interest, taxes, depreciation and amortization (EBITDA) margin to be above 55% by 2028, up from a previous goal of 50%.

Its net revenue growth target for 2026 remains unchanged in the low- to mid-twenties percent range.

Following 2026, annual revenue growth is expected to come in at around 20% “in any given year,” Adyen said, adding that it will refine its outlook each February.

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