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MarketScreener Homepage  >  Equities  >  Xetra  >  Wirecard    WDI   DE0007472060

WIRECARD (WDI)
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Wirecard : denies breaking German gambling laws

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11/08/2017 | 10:14am CEST

MUNICH (Reuters) - Wirecard denied a report on Wednesday that said it may be breaking German laws by managing the payments of gambling companies to their customers.

German daily Sueddeutsche Zeitung reported that several banks including Wirecard Bank handled payments for online casinos that are illegal in Germany, citing its "Paradise Papers" research.

It cited the interior ministry of the German state of Lower Saxony and several unnamed banking and legal experts as saying those banks could be held liable for aiding illegal gambling and money laundering.

"We reject that portrayal. We are relaxed in this matter. We are complying with the law in every way," a spokeswoman for Wirecard said in a statement.

(Reporting by Joern Poltz; Writing by Maria Sheahan; Editing by Victoria Bryan)

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Financials (€)
Sales 2018 1 996 M
EBIT 2018 459 M
Net income 2018 356 M
Finance 2018 687 M
Yield 2018 0,12%
P/E ratio 2018 61,13
P/E ratio 2019 44,88
EV / Sales 2018 10,6x
EV / Sales 2019 8,16x
Capitalization 21 772 M
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 187 €
Spread / Average Target 6,4%
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Managers
NameTitle
Markus Braun Chief Executive & Technology Officer
Wulf Matthias Chairman-Supervisory Board
Jan Marsalek Chief Operating Officer
Alexander von Knoop Chief Financial Officer
Alfons W. Henseler Deputy Chairman-Supervisory Board
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