checkAd

    Wirecard AG  421  0 Kommentare Preliminary results 2019

    Aschheim (Munich) (ots) - Wirecard AG continued its growth course in fiscal year
    2019, substantially boosting both sales revenues and earnings.

    According to preliminary figures, consolidated sales revenues in 2019 rose to
    EUR 2.8 billion and thus by around 38 percent (2018: EUR 2.0 billion).
    Preliminary earnings before interest, taxes, depreciation and amortization
    (EBITDA) rose in the past fiscal year by around 40 percent to EUR 785 million
    (2018: EUR 561 million). Adjusted for extraordinary expenses for audit, advisory
    and legal services in Q4/2019, EBITDA amounts to EUR 794 million, an increase of
    42 percent.

    In the fourth quarter, preliminary consolidated revenues increased by 46 percent
    to EUR 835 million compared to the same quarter in the previous year (2018: EUR
    571 million). Preliminary earnings before interest, taxes, depreciation and
    amortization (EBITDA) increased during this time period by about 41 percent to
    EUR 232 million at Group level (Q4/2018: EUR 165 million). Adjusted for
    extraordinary expenses for audit, advisory and legal services which were
    incurred in Q4, EBITDA for the fourth quarter was EUR 241 million, corresponding
    to an increase of around 46 percent.

    Dr. Markus Braun, CEO Wirecard AG, said: "This is a strong result on our path
    for profitable growth. Above all, it is very clear evidence of the sustained
    profitability of our business model. Digital payment transactions have already
    overtaken cash payments in some countries. Our structural growth drivers reveal
    considerable potential and are therefore also an outlook for Wirecard's future."

    Alexander von Knoop, CFO Wirecard AG, said: "Wirecard's financial performance
    seamlessly continues the good results of previous years. Targeted investments
    with a constant focus on active cost management have again resulted in
    outstanding EBITDA in 2019. In addition, we expect a strong cash flow".

    For the current fiscal year 2020, the Management Board confirms its outlook and
    expects earnings before interest, taxes, depreciation and amortization (EBITDA)
    in a range of EUR 1.0 billion to EUR 1.12 billion.

    All results mentioned are preliminary. The audited consolidated financial
    statements for 2019 will be published on April 8, 2020.

    About Wirecard:

    Wirecard (GER:WDI) is one of the world's fastest growing digital platforms in
    the area of financial commerce. We provide both business customers and consumers
    with a constantly expanding ecosystem of real-time value-added services built
    around innovative digital payments by using an integrated B2B2C approach. This
    ecosystem concentrates on the areas payment & risk, retail & transaction
    banking, loyalty & couponing, data analytics & conversion rate enhancement in
    all sales channels (online, mobile, ePOS). Wirecard operates regulated financial
    institutions in several key markets and holds issuing and acquiring licenses
    from all major payment and card networks. Wirecard AG is listed on the Frankfurt
    Stock Exchange (DAX and TecDAX, ISIN DE0007472060). Visit us on
    www.wirecard.com, follow us on Twitter @wirecard and on Facebook @wirecardgroup.

    Wirecard contact:

    Wirecard AG
    Iris Stoeckl
    VP Investor Relations/ Corporate Communications
    Tel.: +49 (0) 89-4424-1424
    E-Mail: iris.stoeckl@wirecard.com
    http://www.wirecard.com
    ISIN DE0007472060
    Reuters: WDI.GDE
    Bloomberg: WDI GY

    Additional content: https://www.presseportal.de/pm/15202/4520056
    OTS: Wirecard AG
    ISIN: DE0007472060


    Diskutieren Sie über die enthaltenen Werte


    news aktuell
    0 Follower
    Autor folgen

    Verfasst von news aktuell
    Wirecard AG Preliminary results 2019 Wirecard AG continued its growth course in fiscal year 2019, substantially boosting both sales revenues and earnings. According to preliminary figures, consolidated sales revenues in 2019 rose to EUR 2.8 billion and thus by around 38 percent (2018: …