Wirecard increases business pay more than one-third - no news on the special audit

revenue climbed thanks to the boom in electronic payments by 38 percent to 2.8 billion euros, as the Dax group announced on Friday in Aschheim on the Basis of p

Wirecard increases business pay more than one-third - no news on the special audit

revenue climbed thanks to the boom in electronic payments by 38 percent to 2.8 billion euros, as the Dax group announced on Friday in Aschheim on the Basis of preliminary Figures.

Adjusted earnings, the analysts ' estimates

meets "It is a very clear proof of the sustainable earnings power of our business model," said CEO Markus Braun, according to the memo. The earnings before interest, taxes, depreciation and amortization (Ebitda) rose by around 40 percent to 785 million euros. Adjusted for non - recurring expenses for audit and consulting as well as legal consulting services, the operating result would have amounted to 794 million euros, a growth of 42 per cent. With the adjusted earnings Wirecard met the estimates of analysts. Wirecard 143,90 EUR -0,10 (-0,07%) Xetra

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To the rate of data

finally, the papers for the payment processor with 0.7 per cent in the Minus. The focus is on the special audit of the books by the experts of KPMG, am at the moment to allegations about accounting to eliminate the irregularities, said a broker. To made running a special audit of its own books, Wirecard first of all, there is no information. This was to be expected, but uncertainty remains until the completion of the test. The group has made the prospect that it could be the end of the first quarter so far. With a view to Pay a dealer complained in a first reaction, the overall slightly disappointing profitability.

hyo/dpa
Updated Date: 14 February 2020, 09:00

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