Business
Rural Mainstreet Index falls as farm costs climb
By Jake Thompson
Pluxee reports fiscal-year 2026 earnings above expectations, sees 2027 as ‘transition year’
Lila Johnson
Lila Johnson
Reporter · Fargo, ND
Lila Johnson is a seasoned business reporter with a background in finance, having graduated from the University of North Dakota. She has previously worked with local business journals and focuses on small business success stories and entrepreneurial initiatives.
More from Lila →Reporter · Thursday, October 29, 2026 at 7:20 AM · 1 min read
Oct 29 (Reuters) French employee benefits company Pluxee on Thursday delivered earnings for the fiscal year 2026 above market expectations, and said that fiscal year 2027 would be a transition year for the group as Brazil s meal-voucher reform weighs on earnings. The company s sales for the year ending on August 31, 2026 came in broadly in line with expectations, while recurring earnings before interest, taxes, depreciation and amortization (EBITDA) of €488 million ($491.13 million) beat the forecast of €474 million seen in a company-compiled consensus. The group guides for at least €440 million of recurring EBITDA for the fiscal year 2027, with the year-on-year decline reflecting an extended rebase scenario in Brazil triggered by PAT reform and an uncertain environment. Against this backdrop, we are acting decisively, Pluxee Chief Executive Officer Aurélien Sonet said in a statement. Pluxee s revenue in Latin America came in at €525 million for its fiscal year 2026,
Up nextRural Mainstreet Index falls as farm costs climbBusiness · 1 min read
