Posted on 10/09/2018 at 08:00
Wirecard announces Vision 2025 targets for transaction volume, revenues and EBITDA
Transaction volume expected to increase to at least EUR 710bn and Group revenues to surpass EUR 10bn
- EBITDA forecasted to exceed EUR 3.3bn
- Growth to be delivered from omnichannel solutions from one platform, transition of cash to electronic payments and value-added services which will be extended around the Wirecard Digital Payment Ecosystem
Wirecard, the global innovation leader for digital financial technology, today announces its Vision 2025, setting out its targets for 2025 transaction volume, revenues and EBITDA. Management also announces the key growth drivers to achieve these targets on the back of a rising global transition towards digital payments, mobile and e-commerce.
In 2025, Management forecasts transaction volume to increase to more than EUR 710bn. Group revenues are estimated to reach at least EUR 10bn with EBITDA of more than EUR 3.3bn. Management confirms the previously announced Vision 2020 targets and the FY2018 EBITDA guidance.
Wirecard’s strategy towards achieving the Vision 2025 targets will focus on two core areas. Firstly, through an accelerating convergence between online, mobile and point-of-sale (ePOS), deploying innovative technologies to enable omnichannel commerce via one platform. Secondly, from the constant value chain development and innovative data-led value-added services, which are built around the Wirecard Digital Payment Ecosystem and which lead to an improvement in the conversion rate – this is how Wirecard manages to significantly increase merchant turnover through data-driven services.
Wirecard’s CEO Markus Braun, along with senior management, will discuss in further detail all focal areas and the Vision 2025 at the company’s Innovation Day, hosted from 09.00 BST today in London. The webcast of the event will be live from 11 October 09.00 CET onwards at the Investor Relations website. Follow us on Twitter during the day under #ThinkWirecard.Download Press Release