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4-Traders 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 CET

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 2017 1 469 M
EBIT 2017 328 M
Net income 2017 254 M
Finance 2017 507 M
Yield 2017 0,19%
P/E ratio 2017 48,01
P/E ratio 2018 36,64
EV / Sales 2017 8,02x
EV / Sales 2018 6,29x
Capitalization 12 290 M
Chart WIRECARD
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Wirecard Technical Analysis Chart | WDI | DE0007472060 | 4-Traders
Technical analysis trends WIRECARD
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 99,5 €
Spread / Average Target 0,00%
EPS Revisions
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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