Wirecard AG: Preliminary results 9M/ Q3 2018

Within the first nine months and third quarter of fiscal 2018 Wirecard AG continued its positive development of revenue growth and operating profit.

Preliminary Group revenues after nine months 2018 increased at around 42 percent to EUR 1.447 billion (9M/2017: EUR 1.021 billion). In the third quarter 2018 revenues increased by 35 percent to EUR 549.2 million (Q3/2017: EUR 405.9 million).

According to preliminary figures earnings before interest, tax, depreciation and amortisation (EBITDA) improved by 38 percent to EUR 395.5 million (9M/2017:

EUR 286.6 million) in the first nine months of 2018. In the third quarter 2018 EBITDA increased, in comparison with the previous period, by approx. 36 percent to

EUR 150.1 million (Q3/2017: EUR 110.1 million).

The Management Board of Wirecard AG expects a strong business development in the fourth quarter 2018 and confirms its forecast for earnings before interest, tax, depreciation and amortisation (EBITDA) of between EUR 530 million to EUR 560 million.

All results are preliminary. The quarterly statement for the third quarter 2018 will be published on 14 November 2018.

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, 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.

Posted by Publisher on 30. October 2018. Filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry