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05/25/2020

Wirecard AG: Publication of the consolidated financial statements on June 18, 2020; Consolidated financial statements 2019 so far without material findings; Company expects an unqualified audit opinion

DGAP-News: Wirecard AG / Key word(s): Miscellaneous
25.05.2020 / 22:13
The issuer is solely responsible for the content of this announcement.

May 25, 2020
 

Wirecard AG:

- Consolidated financial statements 2019 so far without material findings

- Publication of the consolidated financial statements on June 18, 2020

- Company expects an unqualified audit opinion
 

Aschheim (München). The audit firm Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft has informed Wirecard AG that all foreign auditors have meanwhile been able to finalize their audit procedures for Group purposes. Within the scope of the completed parts of the audit procedures, Wirecard has not yet been informed of any material findings. However, not all audit procedures have yet been completed. Against this background, the audit of the annual financial statements and consolidated financial statements for 2019 will not be completed by June 4, 2020, as planned.
 

The publication of the consolidated financial statements and the annual press conference will take place on June 18, 2020. The company expects an unqualified audit opinion.
 

In February 2020, the company had reported preliminary sales revenue growth of 38 percent to EUR 2.8 billion and preliminary EBITDA of EUR 785 million (+40%).
 

Alexander von Knoop, CFO Wirecard AG: "The renewed delay in submitting audited financial statements is more than annoying - with or without Covid-19. I assume that there will be no major deviations of these very intensively audited financial statements from the reported preliminary figures."
 

As a result of the scheduling, Wirecard AG is postponing its Annual General Meeting to August 26, 2020, which will enable the company to communicate adequately with its shareholders without shortening deadlines and to give due consideration to shareholders' interests. The financial calendar of Wirecard AG will be adjusted accordingly.
 

Wirecard contact:

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

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.



25.05.2020 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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