DGAP-News: Wirecard AG: Successful fiscal year 2011
(firmenpresse) - DGAP-News: Wirecard AG / Key word(s): Final Results
Wirecard AG: Successful fiscal year 2011
17.04.2012 / 08:11
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Annual results
Successful fiscal year 2011
- Consolidated revenues up almost 20 percent
- Double-digit EBITDA increase to EUR 84.4 million
- Earnings per share: EUR 0.60
- Proposed dividend of EUR 0.10
- EBITDA guidance for 2012 confirmed
Aschheim (Munich), April 17, 2012; Wirecard AG is a technology and services
company enjoying dynamic growth, and it can look back on a highly
successful fiscal year in 2011.
Consolidated revenues increased during the fiscal year by 19.6 percent to
EUR 324.8 million. EBITDA lifted to EUR 84.4 million (up 15.1 percent).
Without the extraordinary expenses incurred in the first six months of
2011, EBITDA would even have increased by 22.2 percent to EUR 89.6 million.
Earnings per share improved by 13.2 percent to EUR 0.60.
The transaction volume in the company's core business, which spans
electronic payment processing, card acceptance and risk management, was up
year-on-year by 23 percent. In 2011, a volume of EUR 15.5 billion was
processed via the Wirecard platform.
The company was able to achieve the targets it had set itself in the period
under review, and to drive technological developments forward or bring them
to a close. It expanded the number of new customers as planned. More than
13,000 business customers now rely on Wirecard AG's solution portfolio.
Outlook
Dr. Markus Braun, Wirecard AG's CEO commented: 'The current fiscal year is
characterized by dynamic developments for eCommerce. Based on forecasts by
various market research institutes, we are expecting the European eCommerce
market to grow by around 11 percent.' He went on to add: 'I am convinced
that we are only at the start of sustained market growth in Europe. Over
the coming two years, we will also benefit from our constant
internationalization and expansion in the Asian region.'
A further key issue this year will be expanding the European prepaid card
business. Over the past few years, Wirecard AG has built up experience and
competence thanks to its prepaid card platform, and this is also a key
factor when processing new, mobile payment solutions.
In view of the opportunities described above, we are sticking with our
strategy of organic growth on our target markets of Europe and Asia. In
view of the current increased pace of consolidation in our competitive
environment, we recently performed a capital increase to allow us to be
able to react flexibly if attractive acquisition opportunities present
themselves.
Wirecard AG's Management Board confirms the forecast made at January 2012,
including general economic risks, to reach EBITDA of between EUR 103 and
115 million in fiscal 2012.
Wirecard media contact:
Wirecard AGAbout Wirecard:
Iris Stöckl
Einsteinring 35
D-85609 Aschheim
Phone: +49 (0) 89 / 4424 - 1424
Fax: +49 (0) 89 / 4424 - 2424
E-mail: iris.stoeckl(at)wirecard.com
Internet: www.wirecard.com
Wirecard AG is one of the leading international providers of electronic
payment and risk management solutions. Worldwide, the Wirecard Group
supports over 13,000 companies from a wide range of industry segments in
automating their payment processes and minimizing cases of default Wirecard
Bank AG is a Principal Member of Visa, MasterCard and JCBand operates as a
credit card acquirer in 69 countries around the world, involving over 100
transaction currencies and 18 payout currencies. Part of the Wirecard
Group, Wirecard Bank provides innovative solutions in the fields of
corporate banking, prepaid and co-branded cards, along with account
products for both business and private customers.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN
DE0007472060, WDI).
www.wirecard.com| www.wirecardbank.com | www.mywirecard.com
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(at)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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165198 17.04.2012
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Datum: 17.04.2012 - 08:11 Uhr
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