Nov 11 (Reuters) - Adyen, the Dutch company

known for handling payment processing for eBay ( EBAY ) and Spotify ( SPOT ), set

new financial targets on Tuesday, aiming for its profit margin

by 2028 to be above the target it set in 2023.

The company now aims to lift its earnings before interest,

taxes, depreciation and amortization (EBITDA) margin to 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.

Payments processors are viewed as a barometer for

consumer spending because their transaction volumes mirror

trends in online and in-store commerce.

Unlike European peers, Adyen has bucked sector slowdowns

thanks to its presence in faster-growing regions such as North

America and Asia, even as global payments growth shows signs of

maturing.

The firm will present its updated financial framework to

investors later on Tuesday at an event in Amsterdam.