DGAP-News: Wirecard AG presents positive results for the first half of 2014

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| Source: EQS Group AG
DGAP-News: Wirecard AG / Key word(s): Half Year Results/Quarter
Results
Wirecard AG presents positive results for the first half of 2014

13.08.2014 / 07:35

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-Consolidated revenues up by 24.4 percent at the end of six months 
-EBITDA increase of 33.3 percent in 1H2014 
-EBITDA guidance 2014 specified to the EBITDA range of EUR 163 to 170
million

Wirecard AG presents positive results for the first half of the year on the
back of good performance in the second quarter of 2014.

In the first half of 2014, consolidated revenues increased by 24.4 percent,
from EUR 216.1 million to EUR 268.8 million. In the second quarter of 2014,
consolidated revenues climbed by 23.9 percent to EUR 142.6 million
(Q2/2013: EUR 115.1 million).
In the first six months of 2014, the Group's EBITDA grew by 33.3 percent to
EUR 75.0 million, up from the prior-year figure of EUR 56.2 million. 
EBITDA climbed by 33.4 to EUR 39.9 million in the second quarter (Q2/2013:
EUR 29.9 million).
The cash flow from operating activities (adjusted) stood at EUR 56.7
million at the end of the reporting period.
The transaction volume processed via the Wirecard platform rose by some 28
percent to EUR 15.5 billion in the first half of 2014. The share generated
in Asia of 20 percent in the volume amounted to EUR 3.1 billion.

High-volume agreements with new customers in the core business were signed
in all industries and sectors. In addition, collaboration with numerous
existing customers was expanded.

Moreover, progress was made in the development and launching of innovative
products and solutions in Mobile Payment, mPOS and Couponing & Loyalty that
allow providers to offer secure payments through mobile devices, which
provides users with a constantly growing range of value added services. An
innovative, future-oriented concept for the Internet-based point-of-sale
infrastructure has recently also been presented in "Wirecard ePOS".

In view of the successful first half of 2014, the Management Board
anticipates that business will develop strongly in the second half of the
year, as well as in the year as a whole.

Dr. Markus Braun, Chief Executive Officer of Wirecard AG stated: "Based on
Internet technologies, the Wirecard Group is concentrating on combining
innovative payment software solutions with financial services and of
promoting these solutions through all sales channels, whether online,
mobile or point-of-sale."

Wirecard AG's Management Board has revised its former EBITDA guidance for
the fiscal year 2014 by replacing the EBITDA range of EUR 160 to 175
million by the range of between EUR 163 and 175 million.

Download Q2 Report 2014: ir.wirecard.com/financialreports

Contact:
Iris Stöckl 
VP Corp.Com./IR 
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl@wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

About Wirecard: 
Wirecard AG is one of the world's leading independent providers of
outsourcing and white label solutions for electronic payment transactions.
The Wirecard Group has been supporting companies in accepting electronic
payments from all sales channels. A global multi-channel platform bundles
international payment acceptances and methods, supplemented by fraud
prevention solutions. When it comes to issuing their own payment
instruments in the form of cards or mobile payment solutions, Wirecard
provides companies with an end-to-end infrastructure, including the
requisite licenses for card and account products.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN
DE0007472060, WDI).
www.wirecard.com |  www.wirecardbank.com |  www.mywirecard.com



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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@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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