DGAP-News: Wirecard AG: strong growth in first half of 2016

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Aug 17, 2016 at 2:00 AM

DGAP-News: Wirecard AG / Key word(s): Half Year Results/Quarter Results Wirecard AG: strong growth in first half of 2016 17.08.2016 / 07:50 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Aschheim (Munich). Following the successful conclusion to the second quarter of 2016, Wirecard AG was able to record a positive result. Consolidated revenues for the Group increased in the first half of 2016 by 32.8 percent to EUR 451.8 million (H1/2015: EUR 340.1 million). In the second quarter of 2016, consolidated revenues for the Group increased by 33.6 percent to EUR 241.3 million (Q2/2015: EUR 180.7 million). Operating earnings before interest, tax, depreciation and amortisation (EBITDA) grew in the first half of 2016 by 34.6 percent to EUR 132.4 million (H1/2015: EUR 98.3 million). In the second quarter, EBITDA increased by 34.6 percent to EUR 70.4 million (Q2/2015: EUR 52.3 million). The EBITDA margin amounted to 29.3 percent in the first half of 2016. In the first half of 2016, earnings after tax increased by 173.7 percent to EUR 166.8 million. Adjusted for the income from the sale of shares in Visa Europe of EUR 89.8 million, earnings after tax stood at EUR 77.0 million. Accordingly, earnings per share increased in the first half of 2016 by 175.5 percent from EUR 0.49 to EUR 1.35. Adjusted for the specific effect from the sale of Visa Europe, earnings per share stood at EUR 0.62. The cash flow from operating activities (adjusted) amounted to EUR 113.4 million. Transaction volumes processed through the Wirecard platform grew in the first six months by 35.3 percent from EUR 20.2 billion in the previous year to EUR 27.4 billion. The proportion of the overall transaction volume generated outside Europe was 30.3 percent at EUR 8.3 billion (H1/2015: EUR 4.9 billion). Wirecard benefits from the strong growth being experienced by its core business of payment processing and credit card acceptance, as well as from the successful development of the areas of issuing, mobile payment and mobile point of sale (mPOS). The acquisition of numerous new customers and the expansion of existing customer relationships demonstrate Wirecard's business success in all sales channels. Wirecard CEO Markus Braun commented: "Alongside the constant shift from bricks and mortar transactions to online transactions and from cash payments to electronic transactions, Internet technologies are driving the convergence of all sales channels." In the second half of the year, the Management Board continues to expect an exceptionally good business performance and reaffirms its forecast of operating earnings before interest, tax, depreciation and amortisation (EBITDA) of between EUR 290 million and EUR 310 million for the 2016 fiscal year. The Q2/Six-Monthly Report 2016 is available for download on our website 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 a global technology group that supports companies in accepting payments from all sales channels. As a leading independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. A global platform bundles international payment acceptances and methods with supplementary 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). Further information is available on the Internet at www.wirecard.de or follow us on Twitter @wirecard. --------------------------------------------------------------------------- 17.08.2016 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. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at 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, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 493411 17.08.2016

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Luvme Hair Offers Wig Variety for Winter Fashion

Adding Flair to Winter Looks A style kick-off from the fashion world: Luvme Hair is flipping the table on winter wardrobes with a new collection of wigs. As the weather ramps up the need for thick coats and cumbersome layers, these long hairstyles offer a little extra swing, bringing dimension into the mix. Fancy a change from traditional winter hibernation? Here’s what...

Innovent's Seven Drugs Leap onto 2026 Reimbursement Chart

A Bold Move in Biopharmaceuticals Innovent Biologics just pulled a rabbit out of their hat. Seven of their cutting-edge meds made it onto China's National Reimbursement Drug List for 2026. This isn't just a spreadsheet entry—it's a lifeline thrown to patients across the oncology, metabolic, and autoimmune landscapes, as well as a financial booster for Innovent (HKEX:...

Servier's Data on Tovorafenib Shows Promise in pLGG

New Light on a Critical Challenge Talk about a fight in the dark. Pediatric low-grade glioma (pLGG) is a menace that families dread, an uphill battle with odds that feel relentless. Enter Servier and its four-year updated data on OJEMDA® (tovorafenib), a beacon of hope for kids battling these tricky brain tumors. Results, presented at the SNO meeting, are fresh off the...

Chime Joins S&P MidCap 400 Amid Merger Jostle

By Lucas Young Updated Nov 13, 2026 Category News Views 194

Index Shake-Up: Who's In, Who's Out? Hold onto your hats, folks—big changes are coming to the S&P MidCap 400! Chime Financial Inc. is crashing the party, taking a seat at the table, as NorthWestern Energy Group gets the boot. Now, if that doesn’t grab your attention, I don’t know what will. You've got to appreciate the chaos and opportunities that come with a roster...

IEHP's Wellness Center Launch Faces Delay in California

Unexpected Delay for IEHP's Community Hub Straight outta Rancho Cucamonga, we've got some news that'll have folks in San Bernardino holding their breath a little longer. The Inland Empire Health Plan (or IEHP if you're part of the 1.4 million served by them) had folks pumped for their new Community Wellness Center. But guess what? They had to slam the brakes on the grand...

El Pollo Loco Faces Class Action Over Wage Practices

Alright, here's where things start sizzling—El Pollo Loco, the fast-food chicken chain whose name translates to 'The Crazy Chicken'—is in a legal pickle. The lawsuit hanging over their heads could spell a sticky situation for them and possibly ripple through the fast-food industry. The suit, filed by the steadfast firm Blumenthal Nordrehaug Bhowmik De Blouw LLP, has...

LaserAway Expands to 244 Clinics Over 20 Years

A Milestone in Aesthetic Dermatology Twenty years, folks. That's a long haul for most businesses, let alone one in the fickle field of aesthetic dermatology. LaserAway, the juggernaut in this arena, has just opened its 244th clinic at 6300 Kingery Hwy in Willowbrook, IL. Nothing to be sneezed at. Imagine running a business, let alone one that's been amping up aesthetic...

PASCAL's Holiday Gift Edit: Timeless Watches Shine

Fresh Sparkle for the Holidays Well, here we are again, staring down the barrel of another holiday season. And what do you know, PASCAL is out with its 2026 Holiday Gift Edit, like clockwork. This is the kind of stuff they’re good at—capturing a moment, slapping some color on it, and calling it a game-changer. Launching on November 14, this edit nods to their Timeless...

WeFetch AI: A New Era in Barcode Precision

By Logan Wright Updated Nov 13, 2026 Category News Views 201

WeFetch AI: What's in a Name? Forget about GreenCore Solutions Corp. We're talking about WeFetch AI Corp. now. They've just changed their name, fulfilling a bureaucratic tick as of November 13, 2026. But it ain't just a name change; it's a whole new ballgame in AI-driven commerce. AI Shopping Without the Guesswork We've all been there. You think you've ordered that...

Dana Concludes Tender Offers for Senior Notes

By Hannah Lewis Updated Nov 13, 2026 Category News Views 130

An Investor's Glance at Dana's Strategic Moves Dana Incorporated (NYSE: DAN) just pulled a bold move with their tender offers, snapping up a hefty $357,873,000 in outstanding principal on their senior notes. This isn’t just pocket change; folks holding out for securities can feel the tension of watching big numbers get shuffled around. You gotta wonder, what's the play...