DGAP-News: Wirecard AG / Key word(s): Half Year Results/Quarter
Results
Wirecard AG continues to successfully grow the company
14.08.2012 / 08:17
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Aschheim (Munich), August 14, 2012; During the second quarter of 2012,
Wirecard AG successfully continued to grow the company.
Consolidated revenues increased in the first half of the year by 20.3
percent from EUR 147.9 million to EUR 177.9 million. In the second quarter
of 2012, consolidated revenues were up 20.9 percent to EUR 94.3 million (Q2
2011: EUR 77.9 million).
Consolidated EBITDA lifted in the first half of 2012 from EUR 35.4 million
in the previous year to EUR 49.4 million (up 39.7 percent). Without the
extraordinary expenses of EUR 5.2 million incurred in the first six months
of 2011, EBITDA would even have increased by 21.7 percent.
The EBITDA margin in the first half of 2012 amounted to 27.8 percent
(6M 2011: 23.9 percent). In the second quarter of 2012, EBITDA totaled EUR
26.1 million with an EBITDA margin of 27.7 percent.
Cash flow from operating activities (adjusted) amounted to EUR 42.0 million
in the first half of 2012 (6M 2011: EUR 31.8 million).
In the first six months of 2012, the volume of transactions processed via
the Wirecard platform totaled EUR 9.4 billion, of which EUR 0.9 billion was
due to Asia. This pleasing growth is based on sustained growth in our core
business, with new and existing customers who trust in Wirecard's payment
services. From the acceptance of all of the relevant card solutions on the
market and bank-based or alternative online payment solutions through to
processing for these payment methods and risk management: integrated
solutions create additional benefits in terms of efficiency and costs for
merchants.
Outlook
Dr. Markus Braun, Wirecard AG's CEO commented: 'We will continue to expand
our core business for payment services in Europe and Asia in the coming
months. In the second half of 2012, we expect demand for internationally
oriented eCommerce projects to continue.'
Wirecard AG's Management Board has confirmed its forecast for EBITDA of
between EUR 103 and 115 million for fiscal year 2012, taking general
economic risks into account.
The Q2/semi-annual report for 2012 is available with immediate effect on
our Web site http://www.wirecard.com/investorrelations/financialreports/
Contact:
Iris Stöckl
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl@wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY
End of Corporate News
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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: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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181552 14.08.2012
DGAP-News: Wirecard AG continues to successfully grow the company
| Source: EQS Group AG