German provider of electronic payment and risk management services Wirecard has seen its consolidated revenues reach EUR 324.7 million in 2011, up by 19.6 percent from EUR 271.6 million in 2010. In addition, EBITDA has climbed by 15.4 percent, reaching EUR 84.6 million during the period under review, as compared to EUR 73.3 million registered during the corresponding period in 2010.
In Q4 2011, Wirecard preliminary revenues have grown by 20 percent as compared to the same period in 2010, accounting for EUR 92.3 million. EBITDA has totaled EUR 26 million, up by 26.2 percent from Q4 2010.
Wirecard is expecting the European e-retailing market to increase by almost 11 percent in 2012.
For fiscal 2012, the Management Board of Wirecard AG expects EBITDA to be around EUR 103 to 115 million.