DGAP-News: Q2/ Half year results 2008: Sustained growth – Wirecard raises EBIT forecast

Wirecard AG / Half Year Results/Quarter Results

20.08.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Grasbrunn near Munich, August 20, 2008; in the second quarter and first
half of 2008, Wirecard AG once again succeeded in recording a sustained
level of growth in its operations.

Consolidated sales revenues were up by 59 percent in the second quarter of
2008, from EUR 29.9 million to EUR 47.4 million. Earnings before interest
and taxes (EBIT) improved by 67 percent on the previous-year quarter, from
7.3 million to 12.2 million euros.

In the first six months of the financial year, Group sales revenues were up
by 56 percent year-on-year, to 88.3 million euros, with earnings before
interest and taxes (EBIT) increasing by 67 percent, to 22.2 million euros.
The EBIT margin in the period under review amounted to 25.1 percent, up
from 23.5 percent recorded a year earlier.

Consolidated after-tax earnings increased from 9.6 million euros by 96
percent, to 18.8 million euros. Earnings per share rose from EUR 0.12 to
EUR 0.23.

All market trends of relevance to our further positive business
development, ranging from outsourcing efforts on the part of companies all
the way to relocating consumption from the offline to the online community,
have proved to be stable. Accordingly, Wirecard AG does not expect a trend
reversal, even if the general economic situation should change.

Dr. Markus Braun, CEO of Wirecard AG: 'We expect the positive trend in our
operating business to continue in the second half of the year.'

As a result, the Board of Management has decided to raise its EBIT forecast
from more than 45 percent to a range of 45 to 60 percent for fiscal 2008.

The half-year and quarterly reports for 2008 are available in PDF format
for download with immediate effect from our website http://ir.wirecard.com
under the heading 'Financial reports'.


Wirecard AG
Iris Stöckl
Bretonischer Ring 4
D-85630 Grasbrunn / Munich
Germany
Ph.:  +49 (0) 89 4424 0424
Fax:  +49 (0) 89 4424 0524
e-mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.com



DGAP 20.08.2008 
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Language:     English
Issuer:       Wirecard AG
              Bretonischer Ring 4
              85630 Grasbrunn b. München
              Deutschland
Phone:        +49 (0)89-4424 0400
Fax:          +49 (0)89-4424 0500
E-mail:       ir@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
End of News                                     DGAP News-Service
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