MUNICH, April 17, 2013 /PRNewswire/ --
- Consolidated revenues up by 21.5 percent
- EBITDA increase by 29.4 percent
- Earnings per share: EUR 0.67
- Proposed dividend of EUR 0.11 per share
- EBITDA-Guidance for 2013 confirmed
2012 was a highly successful year for Wirecard AG. Consolidated revenues increased during the fiscal year by 21.5 percent to EUR 394.6 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) were up by 29.4 percent to EUR 109.2 million.
The cash flow from operating activities (adjusted) amounting to EUR 94.9 million as at December 31, 2012. Earnings per share in the fiscal year 2012 totaled EUR 0.67 of which a dividend of EUR 0.11 per share will be proposed to the Annual General Meeting.
In the year under review, transaction volume increased by 34.2 percent year-on-year from EUR 15.5 billion to EUR 20.8 billion.
The existing customers formed the basis for a fundamentally positive corporate growth last fiscal year, and this was also bolstered by continued positive growth in new customer numbers, innovative technologies, as well as the further expansion on the Asian market.
In the core business of electronic payment processing and acquiring, continued strong growth in the eCommerce market in Europe and Asia can be expected in the current fiscal year 2013. Leading market research institutes are forecasting the European eCommerce market to grow by 11 to 12 percent.
As a result of the substantial market potential and the excellent order book in the new Mobile Payments business area, Wirecard AG decided, in addition to the continuous software developments in the core business, to expand the existing mobile payments infrastructure.
Dr. Markus Braun, Wirecard AG's CEO commented: "Consumers' mobile purchasing and payment behavior is increasingly playing a role in the constant progress of the convergence of bricks-and-mortar and online-based retail", and continued: "Our innovative solutions mean that we are also excellently positioned in the new high-growth markets of mobile payments and mobile POS, in addition to our core eCommerce business."
Wirecard AG's Management Board is forecasting strong business growth and confirms its forecast for the fiscal year 2013, to reach EBITDA of between EUR 120 and 130 million.
The Annual Report is available on our website: http://www.wirecard.de/investorrelations/finanzberichte/
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).
Wirecard media contact:
Wirecard AG Iris Stöckl Einsteinring 35 D-85609 Aschheim Ph: +49(0)89-4424-1424 Fax: +49(0)89-4424-2424 E-Mail: firstname.lastname@example.org Internet: http://www.wirecard.com
SOURCE Wirecard AG