Feb 13 (Reuters) - Dutch payments company Adyen

reported full-year core earnings above market

expectations on Thursday, helped by an increase in demand for

global payments and expanded partnerships with its existing

customers, the group said.

Annual earnings before interest, taxes, depreciation and

amortisation (EBITDA) rose 34% to 992.3 million euros ($1.04

billion), compared with the 974.7 million euros expected on

average by 29 analysts polled by LSEG.

This was supported by strong net revenue growth,

particularly in the EMEA region, and digital partnerships with

customers including Adobe, it said.

The Photoshop-maker "continues to globally expand across our

payment solutions, and has in turn grown our share of wallet as

one of their primary payment providers in North America and

beyond," Adyen said.

Net revenue rose 23% to 2.0 billion euros in the year to

end-December, meeting analyst expectations, as processed payment

volumes rose 33% to 1.29 trillion euros.

Adyen has weathered a post-pandemic drop in online spending

that has knocked investor confidence in the digital payments

sector and hit the market value of rivals Worldline and

Nexi thanks to a more diversified customer base and

partnerships with clients like eBay ( EBAY ) and Cash App in

North America.

The group said it expects a slight acceleration in annual

net revenue growth in 2025 and further expansion of its EBITDA

margin, albeit at a lower rate than in 2024.

It confirmed its 2026 guidance for annual net revenue growth

in the low- to high-twenties percent, and an improvement in

EBITDA margin to above 50% in 2026.

($1 = 0.9583 euros)