Wirecard AG / Final Results
15.04.2010 07:58
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- Sales revenues and EBITDA up by 16 percent,
- Earnings per share EUR 0.45
- Dividend of EUR 0.09 proposed
- EBITDA guidance confirmed for the year 2010
Grasbrunn/Munich, April 15, 2010 - Wirecard AG succeeded in reporting solid
growth in the financial year 2009. Group sales revenues, at 228.5 mil-lion
euros, exceeded the previous year's result by roughly 16 percent. EBITDA
also increased by 16 percent, to 60.7 million euros compared with 52.4
million euros in the previous year.
Earnings before interest and taxes (EBIT) were up by 15 percent, from 49.0
million euros in the previous year to 56.5 million euros. On after-tax
earnings of 45.5 million euros, (diluted) earnings per share increased from
0.41 euros to 0.45 euros.
On account of the positive earnings position, the Board of Management and
the Supervisory Board will propose at the Annual General Meeting sche-duled
to held on June 17, 2010 that a dividend amounting to 0.09 euros per share
be paid to the shareholders.
The cash flow adjusted for transaction volumes of a transitory nature rose
by 67.7 percent, from 41.4 million euros to 69.5 million euros.
At the end of the reporting period the level of equity increased by 18
percent to 244.8 million euros. The equity capital ratio amounted to 45.3
percent as at the balance sheet date (2008: 49.2 percent).
The financial year ended December 31, 2009 was characterized to a marked
degree by operational growth. The increase in the transaction vo-lume to
10.6 billion euros bears impressive testimony to this. Wirecard AG has
meanwhile managed to expand its merchant base to reach more than 11,000
customers.
Growth in worldwide eCommerce is continuing and, after a slowdown in 2009,
promises to recover gradually.
The most important unique selling point of Wirecard AG - aside from its
innovative power, its flexibility and capacity for implementing
customer-specific requirements - is its ability to combine software
technologies with banking products, in the process expanding the
value-added chain conti-nually within the Group.
Dr. Markus Braun, CEO of Wirecard AG: 'We are very optimistic about the
current financial year and are confident that we will reach the targets we
set ourselves. For the financial year 2010, we hereby affirm our forecast
of achieving EBITDA between 70 and 75 million euros', adding: 'We will
ad-here to our strategic concentration on Europe and Asia and are convinced
that the Internet market will remain a robust growth market in the
forthcom-ing years.'
The growing number of large-scale customers opting in favor or outsourcing
their payment processes to Wirecard AG confirms the sustainable
development of the organization. The range of services includes the
tech-nical side of payment processing on the Internet, in brick & mortar
trading and in call centers - in combination with a large number of
creditworthiness and transaction checks. The Wirecard Group supports
merchangs by pro-viding the necessary credit or debit card acceptance
services, along with account management, reversal of transactions, dynamic
currency transla-tions or international payout processes in several
currencies.
With immediate effect, the Annual Report of Wirecard AG for 2009 is
available for download in PDF format from the Investor Relations website in
the 'Financial Reports' section.
http://www.wirecard.com/investor-relations/financial-reports.html
Wirecard media contact:
Wirecard AG
Iris Stöckl
Bretonischer Ring 4
D-85630 Grasbrunn
Tel.: +49 (0) 89 4424 1424
Fax: +49 (0) 89 4424 0500
E-mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.de
About Wirecard:
Wirecard AG is one of the leading international providers of electronic
payment and risk management solutions. Worldwide, the Wirecard Group
supports over 10,000 companies from many and various industry segments in
automating their payment processes and minimizing payment defaults.
Wirecard Bank AG is a Principal Member of Visa, MasterCard as well as JCB,
operating as a credit card acquirer in more than 69 countries across the
globe, with more than 100 transaction and 15 payout currencies. Within the
Wirecard Group, the Wirecard Bank provides innovative solutions in the
fields of corporate banking, prepaid and co-branded cards as well as
account products, both for commercial and private clients.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN
DE0007472060, WDI).
www.wirecard.de | www.wirecardbank.de | www.mywirecard.com
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Language: English
Company: 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, München, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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DGAP-News: Wirecard AG: Solid growth in financial year 2009
| Source: EQS Group AG