Wirecard AG reported preliminary earnings results for the second quarter and first half of fiscal 2016. For the quarter, revenues grew in comparison to the previous year period by 32.9% from EUR 180.7 million to EUR 240.2 million. EBITDA improved by 34.2% to EUR 70.2 million from EUR 52.3 million in the second quarter of 2016.

In the first half of 2016, revenues increased by 32.5% to EUR 450.6 million from EUR 340.1 million a year ago. EBITDA rose by 34.5% from EUR 98.3 million to EUR 132.2 million.

The Management Board expects a continuing positive business performance in the second half of 2016 and has confirmed its most recent forecast for the fiscal year 2016 for an EBITDA of between EUR 290 million to EUR 310 million.