Wirecard AG announced preliminary earnings results for the second quarter and first half of 2018. For the first half of 2018, the company's revenues increased in comparison to the previous year period by 45.8% to EUR 897.3 million from EUR 615.5 million for the first half of 2017. Preliminary earnings before interest, tax, depreciation and amortization (EBITDA) improved by 39.1% to EUR 245.5 million from EUR 176.5 million for the first half of 2017.

For the second quarter of 2018, the company's revenues in the second quarter 2018 grew by 40.0% to EUR 476.9 million from EUR 340.6 million for the second quarter 2018. In the second quarter of 2018, EBITDA rose by 39.9% to EUR 133.2 million from EUR 95.2 million for the second quarter 2018.

The company's board is very optimistic for the current business year and has confirmed its forecast to reach an EBITDA of between EUR 520 million to EUR 545 million in the fiscal year 2018.