07.08.2019 Wirecard AG  DE0007472060

DGAP-News: Wirecard AG Half-Year Financial Report 2019: continued strong growth


 

DGAP-News: Wirecard AG / Key word(s): Half Year Results/Change in Forecast
Wirecard AG Half-Year Financial Report 2019: continued strong growth

07.08.2019 / 07:30
The issuer is solely responsible for the content of this announcement.


Wirecard AG Half-Year Financial Report 2019: continued strong growth

- Consolidated revenues increased by 36.7 percent

- EBITDA increased by 35.8 percent

- Earnings after tax + 50.7 percent

- Free cash flow + 48.5 percent

- EBITDA 2019 guidance increased

- Vision 2020 increased

Aschheim (Munich). Wirecard AG remains on its strong growth path following the end of the first half of 2019. In the first half of 2019*, consolidated revenues increased by 36.7 percent to EUR 1,209.8 million (H1/2018: EUR 885.2 million). In the second quarter, consolidated revenues increased in comparison to the previous year by 37.4 percent to EUR 643.0 million (Q2/2018: EUR 467.9 million).

The transaction volume processed via the Wirecard platform grew by 37.5 percent to EUR 77.3 billion (H1/2018: EUR 56.2 billion) in the first half of 2019.

Operating earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 35.8 percent to EUR 342.1 million (H1/2018: EUR 252.0 million) in the first half of 2019 and by 35.6 percent to EUR 184.1 million in the second quarter of 2019. Earnings after tax increased by 50.7 percent to EUR 237.5 million (H1/2018: EUR 157.6 million) in the first half of the year. This corresponds to earnings per share of EUR 1.92 (H1/2018: EUR 1.27).

The cash flow from operating activities (adjusted) amounted to EUR 284.0 million (H1/2018: EUR 196.2 million). The free cash flow increased to EUR 239.6 million (H1/2018: EUR 161.4 million).

Dr. Markus Braun, CEO, Wirecard AG said: "In the first half year our growth accelerated, hence we are looking extremely optimistic towards the second half of 2019. Accordingly we have increased our EBITDA forecast for 2019 as well as our Vision 2020."

The Management Board of Wirecard AG raised its forecast for the fiscal year 2019 to an EBITDA of between EUR 765 million and EUR 815 million (before: EUR 760 million and EUR 810 million).

This forecast is based on, amongst other things, the continued dynamic growth of the global e-commerce market, the trend towards digitalisation in the bricks and mortar trade, the acquisition of new customers, cross-selling effects with existing customers and the continuous expansion of the value chain to include valuable additional services such as data analytics, loyalty programs and financial services including loans.

Additionally the vision 2020 has been raised. A transaction volume higher than EUR 230 billion is expected. On consolidated revenue level more than EUR 3.2 billion are expected with an unchanged corridor of the EBITDA margin and an unchanged FCF conversion.

The six-monthly financial report as of 30 June 2019 is available on the company's website at: ir.wirecard.com/financialreports

* Some of the amounts disclosed for 2018 differ from the figures in the Interim Report as of 30 June 2018 due to adjustments made in accordance with IAS 8.

Wirecard contact:

Wirecard AG
Iris Stöckl
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 offer both business customers and also consumers a constantly growing ecosystem of real-time value added services in the area of innovative digital payment processing via an integrated B2B2C approach. This ecosystem focuses on solutions from the areas of Payment & Risk, Retail & Transaction Banking, Loyalty & Couponing, Data Analytics & Conversion Rate Enhancement across all sales channels (online, mobile, ePOS). Wirecard operates regulated financial institutions in multiple key markets and holds licences for all important payment and card networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX and TecDAX, ISIN DE0007472060). Visit us at www.wirecard.de, follow us on Twitter @wirecard and on Facebook @wirecardgroup.



 


07.08.2019 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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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: DAX, 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
EQS News ID: 853201

 
End of News DGAP News Service

853201  07.08.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2012 2013 2014 2015 2016 2017 2018 2019e
Umsatzerlöse1 394,60 481,74 601,03 771,34 1.028,36 1.488,60 2.016,20 2.490,00
EBITDA1,2 109,23 125,96 172,94 227,32 307,36 410,30 560,50 807,00
EBITDA-Marge3 27,68 26,15 28,77 29,47 29,89 27,56 27,80 32,41
EBIT1,4 93,58 98,55 132,86 172,84 235,19 311,50 438,50 648,00
EBIT-Marge5 23,72 20,46 22,11 22,41 22,87 20,93 21,75 26,02
Jahresüberschuss1 73,30 82,73 107,93 142,65 266,75 256,10 347,40 452,00
Netto-Marge6 18,58 17,17 17,96 18,49 25,94 17,20 17,23 18,15
Cashflow1,7 94,90 107,45 143,99 207,83 266,50 563,50 749,60 0,00
Ergebnis je Aktie8 0,66 0,74 0,89 1.16 2,16 2,10 2,81 4,30
Dividende8 0,11 0,12 0,13 0,14 0,16 0,18 0,20 0,24
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2018 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
WireCard
WKN Kurs in € Einschätzung Börsenwert in Mio. €
747206 121,200 Kaufen 14.976,15
KGV 2020e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
24,53 32,68 0,755 77,81
KBV KCV KUV EV/EBITDA
6,54 19,98 7,43 25,187
Dividende '18 in € Dividende '19e in € Div.-Rendite '18
in %
Hauptversammlung
0,20 0,24 0,17 02.07.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2019 07.08.2019 06.11.2019 08.04.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-10,32% -9,44% -8,73% -11,92%
    
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FinTech , 747206 , WDI , XETR:WDI