Wirecard AG / Quarter Results 19.05.2010 08:35 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Grasbrunn/Munich, May 19, 2010 - In the first quarter of 2010, Wirecard AG succeeded in following up the good performance achieved last year. Group sales revenues rose by 21 per cent compared to the first quarter of 2009, amounting to 59.3 million euros. Compared with the same quarter in 2009, earnings before interest and taxes (EBIT) were up by 21 per cent, to 14.4 million euros. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 22 percent in the first three months of 2010, to EUR 15.6 million (Q1/2009: EUR 12.8 million). After-tax earnings increased by 29 percent, from EUR 9.2 million in the previous-year period to EUR 11.9 million. The cash flow from current business activities, adjusted for transaction volumes of a transitory nature, increased by 16 percent, to EUR 12.6 million. Sales revenues generated by risk management services and the processing of online payment transactions in the core segment of 'Payment Processing & Risk Management' increased by about 18.5 percent in the first quarter of 2010, from EUR 46.6 million to EUR 55.2 million. The proportion of Group sales generated by the Acquiring & Issuing seg-ment and, therefore, by Wirecard Bank AG, grew by 82 percent, from EUR 13.9 million in the previous-year quarter to EUR 25.3 million, impressively reflecting the dynamic business development of bank-based services and products. After the first three months of 2010, earnings per share came to EUR 0.12, up by 33 percent year-on-year (Q1/2009: EUR 0.09). The transaction volume processed via the Wirecard platform increased by 27 percent year-on-year, to EUR 2.8 billion. Constant growth rates were recorded in our new customer business. Outlook 'We managed a very successful start to the new year and continue to focus primarily on organic growth,' said Dr. Markus Braun, CEO of Wirecard AG. Accordingly, the Management Board of Wirecard AG is optimistic for the further course of the financial year and affirms its forecast of achieving EBITDA of EUR 70 to 75 million. At this year's Annual General Meeting, a dividend payout of EUR 0.09 per share will be proposed. The report for the 1st quarter is available for download on our website http://www.wirecard.com/investor-relations under the heading 'Financial reports'. Wirecard AG Iris Stöckl Bretonischer Ring 4 D-85630 Grasbrunn Ph.: +49 (0) 89 4424 1424 Fax: +49 (0) 89 4424 2424 E-mail: iris.stoeckl@wirecard.com Internet: www.wirecard.com About Wirecard: Wirecard AG is one of the leading international providers of electronic payment and risk management solutions. Worldwide, the Wirecard Group supports over 11,000 companies from many and various industry segments in automating their payment processes and minimizing cases of default. Wirecard Bank AG is a Principal Member of Visa, MasterCard and JCB and operates as a credit card acquirer in more than 69 countries around the world, involving over 100 transaction currencies and 15 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.de | www.mywirecard.com 19.05.2010 08:35 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------
DGAP-News: Wirecard AG: successful first quarter of the year 2010
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