Posted on 05/15/2012 at 17:30

Q1 / 3-month report 2012

Q1 / 3-month report 2012 ©

Wirecard AG has enjoyed a successful start to the new fiscal year.

Consolidated revenues increased during the first quarter of 2012 by 19.7 percent to EUR 83.6 million (Q1/2011: EUR 69.9 million). EBITDA lifted by 37.9 percent to EUR 23.3 million (Q1/2011: EUR 16.9 million). Taking the one-off costs which were incurred in the first quarter of 2011 in the amount of EUR 2.3 million into account, the adjusted EBITDA growth compared to the same quarter of the previous year would have totaled 21.4 percent.

The transaction volume increased by around 29 percent to EUR 4.4 billion compared to previous year period.

Earnings after taxes totaled EUR 15.3 million, which corresponds to earnings of EUR 0.15 per share (Q1/2011: EUR 0.12). Cash flow from operating activities (adjusted for transaction volumes of a transitory nature) was up to EUR 18.3 million (Q1/2011: EUR 12.7 million).

In Q1 2012, Wirecard AG was able to further increase its customer base on its core market of Europe and in Asia, and concluded promising agreements with new customers. The Issuing business also enjoyed positive growth.

“We got off to a flourishing start this year, and I am taking a very optimistic view for the remainder of 2012,” commented Dr. Markus Braun, Wirecard AG’s CEO.

Wirecard AG’s Management Board is forecasting EBITDA of between EUR 103 and 115 million for fiscal year 2012. A dividend of EUR 0.10 per share will once again be proposed to this year’s General Meeting.

The Q1 report 2012 is ready for downloading from our Web site

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