13.05.2015
Wirecard AG: dynamic growth in Q1/2015
DGAP-News: Wirecard AG / Key word(s): Quarter Results/Interim Report
2015-05-13 / 07:32
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Aschheim (Munich). Following the positive start to the current fiscal year,
continued dynamic growth of Wirecard AG is expected during the course of
the year.
In the first quarter of 2015, consolidated revenue for the Group increased
by 26 percent to EUR 159.4 million (Q1/2014: EUR 126.2 million). Earnings
before interest, tax, depreciation and amortisation (EBITDA) increased by
31 percent to EUR 46.0 million (Q1/2014: EUR 35.0 million). Earnings after
taxes increased by 35 percent and amounted to EUR 28.6 million (Q1/2014:
EUR 21.1 million). Earnings per share increased by 28 percent from EUR 0.18
to EUR 0.23.
The cash flow from operating activities (adjusted) increased by 85 percent
in comparison to the same quarter of the previous year to EUR 46.2 million
(Q1/2014: EUR 25.0 million).
In comparison to the same period of the previous year, transaction volumes
processed through the platform increased by 30 percent to EUR 9.5 billion
(Q1/2014: EUR 7.3 billion). As companies outside of the Asian region were
consolidated for the first time in New Zealand and South Africa in 2014,
Wirecard will report the share of the transaction volume outside of Europe
in the future. In the first quarter of 2015, this share of the overall
transaction volume was 24.2 percent at EUR 2.3 billion.
Continued dynamic growth of the e-commerce market, the continuous
acquisition of new customers and the innovative strength of Wirecard were
factors influencing the positive growth of the core business in the first
quarter of 2015, which comprises global payment processing, risk management
and payment acceptance in combination with service solutions and banking
services.
As a result of the integration of Internet technologies into all sales
channels, whether online, mobile or at the point-of-sale, there has been an
increasingly strong changeover to real time payment solutions. Wirecard is
pushing forward this development with its innovations in all areas of
payment processing and card issuing. Wirecard benefits disproportionately
from this development thanks to its many years of experience as a supplier
of Internet technology.
"We are continuing our strategy based principally on organic growth in
connection with acquisitions - increasingly on a global level - so that in
the medium term we will have a global network of service and technical
facilities at our disposal", said Wirecard CEO Markus Braun.
The Management Board of Wirecard AG is optimistic about the company's
business performance this year and confirms its expectations for 2015 of
achieving an EBITDA of between EUR 210 million and EUR 230 million. The Q1
Report 2015 is available for download on our website with immediate effect.
ir.wirecard.com/financialreports
Contact:
Iris Stöckl
VP Corp.Com./IR
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl@wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY
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2015-05-13 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Wirecard AG
Einsteinring 35
85609 Aschheim b. München
Germany
Phone: +49 (0)89-4424 1400
Fax: +49 (0)89-4424 1500
E-mail: ir@wirecard.com
Internet: www.wirecard.com
ISIN: DE0007472060
WKN: 747206
Indices: TecDAX, Prime All Share, Technology All Share
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
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356971 2015-05-13