Adyen Walks Back Growth Outlook as Clients Face Trade War Heat

Volkskrant

Lean Right

Factuality

Ownership

Payment processor Adyen suffered a sharp drop on the Amsterdam stock exchange on Thursday. Shares initially plunged 20 percent after a growth warning. The...

NOS

Lean Right

Factuality

Ownership

Payment processor Adyen has seen significantly slower growth than usual over the past six months. This is partly due to some of the Dutch company's customers being affected by the hefty trade tariffs imposed by US President Trump on other countries in April. Investors on the Amsterdam Stock Exchange were apparently shocked by this news: at the opening of the AEX, the share price immediately plummeted by 18 percent. As a result, the growth compan…

rd.nl

Factuality

Ownership

Adyen plummeted on the Amsterdam stock exchange on Thursday. The company, which processes transactions for major corporations such as Facebook parent Meta, Uber, H&M, eBay, and Microsoft, is clearly suffering from US President Donald Trump's trade war. Adyen's Asian customers, such as online retailers Temu and Shein, are particularly affected by the sharply increased import duties in the United States.

L'AGEFI

Factuality

Ownership

The Dutch payment specialist questions the effect of customs duties on the volume of transactions. The end of the acceleration of growth is paid at a high price: the share loses more than 16%.