DGAP-Adhoc: Wirecard AG: Positive sales and earnings growth

 | Source: EQS Group AG EQS Group AG 

Wirecard AG  / Key word(s): Preliminary Results/Quarter Results

28.04.2011 07:47

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Munich/Aschheim, April 28, 2011; in the first quarter of fiscal 2011,
Wirecard AG once again succeeded in increasing its Group sales and earnings
before interest, taxes, depreciation and amortization (EBITDA).

According to preliminary figures, Group sales were at EUR 69.9 million in
the first quarter of 2011. Compared with the same quarter a year earlier
(Q1/2010: EUR 58.5. million), they were up by 19.5 percent.

Earnings before interest, taxes, depreciation and amortization (EBITDA)
came to EUR 16.9 million (Q1/2010: EUR 16.0 million). These include
non-recurring special expenditures in the amount of EUR 2.3 million.
Without these one-off costs, EBITDA in the first quarter of 2011 would have
increased by 20.3 percent year-on-year, to reach EUR 19.2 million.

These one-off costs are part of non-recurring special expenditures in the
amount of EUR 5 million, which will predominantly accrue during the first
half of 2011 for the relocation of the corporate headquarters and for even
faster expansion in Asia.

The Management Board of Wirecard AG confirms the guidance to reach earnings
before interest taxes, depreciation and amortization (EBITDA) for fiscal
2011 in a bandwidth ranging from EUR 81 to 89 million.
 
All results are preliminary. The full report for the first quarter of 2011
will be published on May 18, 2011.



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





28.04.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
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
              Deutschland
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 Announcement                             DGAP News-Service
 
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