DGAP-News: Wirecard AG: positive six month results
(firmenpresse) - DGAP-News: Wirecard AG / Key word(s): Quarter Results/Half Year
Results
Wirecard AG: positive six month results
18.08.2011 / 07:08
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Aschheim (Munich), August 18, 2011 - During the second quarter of 2011,
Wirecard AG successfully continued its revenue and income-oriented on-track
growth.
Consolidated revenues increased in the second quarter of 2011 by 19.4
percent to just under EUR 78 million (Q2 2010: EUR 65.3 million). In total,
revenues in the first six months of 2011 amounted to EUR 147.9 million, up
19.5 percent. EBITDA totaled EUR 35.4 million and includes one-off
extraordinary expenses of EUR 5.2 million.
Excluding these costs, EBITDA would have increased by 21.2 percent in the
first six months of 2011 year-on-year, to EUR 40.6 million. These one-off
costs now no longer need to be considered.
Cash flow from operating activities (adjusted for transaction volumes of a
transitory nature) amounted to EUR 27.7 million in the first half of 2011
(6M 2010: EUR 26.4 million).
During the first six months of the fiscal year, the Wirecard Group
succeeded in further expanding its operating core business and further
drove its expansion in Asia.
The transaction volume increased by 22 percent from EUR 5.8 billion (6M
2010) to EUR 7.1 billion (6M 2011).
Outlook
Dr. Markus Braun, Wirecard AG's CEO commented: 'We are expecting a strong
second half of the year thanks to the positive forces on the market.'
Wirecard AG's Board of Management is confirming its forecast for fiscal
year 2011 of recording EBITDA of between EUR 81 to 89 million.
The Q2/6-month report 2011 can already be downloaded from our website
http://www.wirecard.com/investorrelations/financialreports/
Contact:
Iris Stöckl
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl(at)wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY
End of Corporate News
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18.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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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
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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136095 18.08.2011
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Datum: 18.08.2011 - 07:08 Uhr
Sprache: Deutsch
News-ID 47770
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