Plus   Neg

Wirecard 9M Profit Climbs, Backs FY19 View; Sees Growth In FY20 - Quick Facts

Wirecard AG (WRCDF.PK), a provider of electronic payment and risk management applications, reported Wednesday that its nine-month earnings after tax climbed 53.2 percent to 386.7 million euros from 252.4 million euros last year.

Operating earnings before interest, tax, depreciation and amortisation or EBITDA increased 38.4 percent to 553.1 million euros from 399.8 million euros last year.

Consolidated revenues increased 36.7 percent to 1.94 billion euros from prior year's 1.42 billion euros. The transaction volume processed via the Wirecard platform grew 37.7 percent to 124.2 billion euros.

In the third quarter, consolidated revenues increased 36.8 percent to 731.5 million euros, and EBITDA increased 42.8 percent to 211.1 million euros.

Looking ahead for fiscal 2019, the company continues to expect EBITDA between 765 million euros and 815 million euros.

Further for fiscal 2020, the company expects EBITDA between 1.00 billion euros and 1.12 billion euros.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Hongkong Sun Rise Trading Ltd. has recalled about 151,400 units of Kobalt Cordless Electric chainsaws and about 106,520 units of Kobalt Cordless Electric pole saws for possible laceration hazard, according to two separate statements issued by the U.S. Consumer Product Safety Commission. These include 1,400 chainsaws and 120 pole saws sold in Canada. Branded food company Hormel Foods Corp. (HRL) announced Friday that its Hormel Black Label Breakfast Food Truck will hit the road with free sample event of the popular brand's new Hormel Black Label Oven-Baked Egg Bites. The samples come in three variants - with Bacon, with Chorizo and with Bacon and... United Airlines has rolled out an interactive online "Map Search" feature for its customers in collaboration with search giant Google. The new feature is powered by Google Flight Search Enterprise Technology. United is claimed to be the first airline in the U.S. to add this feature. The new feature, available on United.com, allows customers to easily search, compare and purchase flight tickets.
Follow RTT