30.03.2016

Wirecard AG: Increase of EBITDA guidance 2016


Wirecard AG  / Key word(s): Forecast

30.03.2016 08:40

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Wirecard Management Board has increased the EBITDA guidance for the fiscal year 2016 from EUR 280 million to EUR 300 million to a bandwidth of between EUR 290 million to EUR 310 million.
 
The reasons for the guidance incrcease are a strong start of the operating business, the newly consolidated subsidiaries in Brazil and Romania and additionally a higher expected EBITDA contribution from the new Indian business.
Only in the first three months of 2016 the acquired Indian subsidiaries were able to increase the number of internet-based retail agents by 15% in comparison to the end of 2015.


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


30.03.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

 
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; Terminbörse EUREX
 
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