16.11.2016

Wirecard AG: Strong growth in Q3/9M 2016

DGAP-News: Wirecard AG / Key word(s): Quarter Results
2016-11-16 / 07:30
The issuer is solely responsible for the content of this announcement.


-EBITDA forecast for the 2016 financial year confirmed -EBITDA forecast 2017: EUR 382 million to EUR 400 million
Aschheim (Munich). In the third quarter of 2016 and also the first nine months of 2016, Wirecard AG experienced further dynamic corporate growth.
In the third quarter of 2016, consolidated revenues grew by 33.2 percent to EUR 267.6 million (Q3 2015: EUR 200.9 million). Operating earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 35.8 percent to EUR 81.5 million (Q3 2015: EUR 60.1 million).
Revenues increased in the first nine months of 2016 by 33.0 percent from EUR 541.0 million to EUR 719.4 million. Consolidated EBITDA increased by 35.1 percent from EUR 158.4 million in the previous year to EUR 213.9 million in the reporting period. The EBITDA margin amounted to 29.7 percent in the nine month period 2016 (9M 2015: 29.3 percent). Earnings after taxes grew by 120.0 percent to EUR 216.2 million (9M 2015: EUR 98.3 million). Earnings per share increased as of the balance sheet date of 30 September 2016 from EUR 0.80 in the same period of the previous year to EUR 1.75.

The cash flow from operating activities (adjusted) stood at EUR 179.2 million after the first nine months of 2016 (9M/2015: EUR 133.3 million).
The transaction volumes processed in the first nine months of 2016 amounted to EUR 43.6 billion and increased in comparison to the same period of the previous year by 36.3 percent (9M 2015: EUR 32.0 billion). The share of the transaction volumes generated outside Europe increased in the same period by 69 percent to EUR 13.5 billion (9M 2015: EUR 7.9 billion).
"As a global service provider, Wirecard benefits from both the constant growth of the European e-commerce market and also from the dynamic development of growth markets worldwide", commented Wirecard CEO Markus Braun.

Wirecard is driving forward the development of electronic payment with its innovations in all areas of payment processing, credit and debit card issuing and mobile wallets, such as boon, on a global level.
The Management Board expects a strong business performance in the fourth quarter and confirms its EBITDA forecast for the 2016 financial year in the range of EUR 298 million to EUR 312 million.

For the 2017 financial year, management guided an EBITDA in a bandwidth of between EUR 382 million to EUR 400 million.

The Q3/9M 2016 Report is available for download 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


About Wirecard: 

Wirecard AG is one of the world's leading independent providers of outsourcing and white label solutions for electronic payment transactions. Wirecard supports companies in the acceptance of electronic payments from all sales channels. A global multi-channel platform provides international payment acceptances and methods, supplemented by fraud prevention solutions. With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI).

www.wirecard.de 




2016-11-16 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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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, Tradegate Exchange  
   
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