Wirecard AG / Key word(s): Preliminary Results/Change in Forecast
Aschheim (Munich). Wirecard AG reported a successful third quarter 2017, remaining on an ongoing strong growth track.
According to preliminary figures group revenues in the third quarter 2017 grew in comparison to the previous year period by 52 percent from EUR mn 267.6 to EUR mn 406.5. For the first nine months of 2017 revenues increased by 42 percent to EUR mn 1,022.0 (9M/2016: EUR mn 719.4).
Preliminary earnings before interest, tax, depreciation and amortisation (EBITDA) improved by 35 percent to EUR mn 110.2 (Q3/2016: EUR mn 81.5) in the third quarter of 2017. In the first nine months of 2017 EBITDA rose by 34 percent to EUR mn 286.7 (9M/2016: EUR mn 213.9).
Due to the strong organic business development, Wirecard Management Board has increased the EBITDA guidance for the fiscal year 2017 in a bandwidth of between EUR 398 million to EUR 415 million (previous guidance: EUR 392 million to EUR 406 million).
All results are preliminary. The Q3 report will be published on 15 November 2017.
Tel.: +49 (0)89-4424-1424
Bloomberg: WDI GY
|85609 Aschheim b. München|
|Phone:||+49 (0)89-4424 1400|
|Fax:||+49 (0)89-4424 1500|
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|End of Announcement||DGAP News Service|