DGAP-News: Wirecard AG: Q1/ 3-months report 2009 - Positive trend in previous year continues in first quarter of 2009

Wirecard AG / Quarter Results

20.05.2009 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Grasbrunn/Munich, May 20, 2009 - In the first quarter of 2009, Wirecard AG
succeeded in following up the good performance achieved last year. Group
sales revenues rose by 20 percent compared to the first quarter of 2008,
amounting to 49.1 million euros. Compared with the same quarter in 2008,
earnings before interest and taxes (EBIT) were up by 18 per cent, to 11.9
million euros. Consolidated earnings before interest, taxes, depreciation
and amortization (EBITDA) increased by 18.5 percent in the first three
months of 2009, to 12.8 million euros (Q1/2008: 10.8 million euros).

The cash-flow on current operations adjusted for transaction volumes of a
transitory nature rose by approximately 27 percent, from 8.6 to 10.9
million euros.

Sales revenues generated in the core segment of 'Payment Processing & Risk
Management' by risk management services and the processing of on-line
payment transactions were ramped up by 23 percent in the first quarter of
2009, from 38 million to 46.6 million euros. The share of the 'Acquiring &
Issuing'-segment, which corresponds to the proportion of consolidated sales
revenues generated by Wirecard Bank AG, rose by 78 percent in the first
three months of 2009, to 13.9 million euros (Q1/2008: 7.8 million euros).

In terms of segment revenues, sales amounting to 12.6 million euros (Q1/
2008: 6.4 million euros) are required to be consolidated between segments.
The consolidation effects impressively reflect the integrated approach of
Wirecard AG's business model since an increasing number of services of the
two main segments are synchronized with one another.
 
Earnings per share in the first three months of 2009 amounted to EUR 0.09
(Q1/2008: EUR 0.08), taking account of the capital increase from company
resources registered in 2008.

Growth in eCommerce continued in spite of the ongoing difficult economic
conditions. External factors such as the outsourcing of business processes,
and trends such as the shift from brick-and-mortar business to the
Internet, remained unaffected and form the basis of our sustained good
performance.

In defiance of the general economic climate in Europe, Wirecard managed to
record a significant increase in the volume of electronic commerce among
its portfolio customers for the first four-and-a-half months of fiscal
2009. Demand for orders from new customers also remains at a high level.

Outlook
'Business trends in the first four-and-a-half months of the year make us
feel optimistic for the year as a whole' says Dr. Markus Braun, CEO of
Wirecard AG.

The Management Board of Wirecard AG affirms its forecast of EBIT growth of
10 to 25 percent in the current financial year.

The Q1 report for 2009 is available for download with immediate effect from
our website http://ir.wirecard.com under the heading 'Fi-nancial reports'.


Wirecard AG
Iris Stöckl
Bretonischer Ring 4
D-85630 Grasbrunn
Tel.:  +49 (0) 89 4424 0424
Fax:  +49 (0) 89 4424 0524
E-mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.de

About Wirecard: 
Wirecard AG is one of the leading international providers of electronic
payment and risk management solutions. Worldwide, Wirecard supports over
10,000 companies from many and various industry segments in automating
their payment processes and minimizing cases of default. Wirecard Bank AG
provides account and credit card services both for business and private
customers and is a Principal Member of VISA, MasterCard and JCB. The
Internet payment service Wirecard enables consumers to make secure payments
at millions of MasterCard acceptance outlets worldwide. In addition,
registered users can send or receive money orders to each other on a
real-time basis. Wirecard AG is listed on the Frankfurt Securities Exchange
(TecDAX, ISIN DE0007472060, WDI).
www.wirecard.com  |  www.wirecardbank.de  |  www.mywirecard.com



DGAP 20.05.2009 
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Language:     English
Issuer:       Wirecard AG
              Bretonischer Ring 4
              85630 Grasbrunn b. München
              Deutschland
Phone:        +49 (0)89-4424 0400
Fax:          +49 (0)89-4424 0500
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, München, Hamburg, Düsseldorf, Stuttgart
 
End of News                                     DGAP News-Service
 
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