Oddo BHF - Wirecard AG (WCAGY) Wirecard AG : Un relÃ¨vement de guidance est possible, mais dÃ©jÃ largement anticipÃ©

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Oddo BHF

Stephane Houri

Wirecard AG : Un relÃ¨vement de guidance est possible, mais dÃ©jÃ largement anticipÃ©

>Les rÃ©sultats S1 18 complets devraient Ãªtre solides - Wirecard publiera ses rÃ©sultats S1 18 le 16/08 prochain avant lâ€™ouverture des marchÃ©s et tiendra une confÃ©rence tÃ©lÃ©phonique Ã 13.00 (heure de Paris).Rappelons que le groupe a dÃ©jÃ publiÃ© ses rÃ©sultats prÃ©liminaires T2 18 fin juillet avecÂ : 1/ des ventes T2 18 de 476,9 Mâ‚¬ (+40%), soit 897,3Â Mâ‚¬ au S1 18 (+45,8% dont 25% dâ€˜organique, le reste provenant majoritairement des acquisitions de Citi APAC et Citi US) e...

08/08/2018 5 FR

Underlying

Wirecard AG

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US97654L1089 Pink OTC Markets United States

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Stephane Houri

Other Reports on these Companies

Oddo BHF

Wirecard AG : Q2 2018 results in line, 2018 guidance upgraded as expected (but midpoint below consensus) â€“ We remain Neutral on valuation grounds

>Solid, but unsurprising H1 2018 numbers - This morning, Wirecard released its full Q2 2018 earnings. As a reminder, preliminary Q2 2018 results were published on 26 July.Key new items are: 1/ H1 2018 EPS rose by 45.8% to â‚¬Â 1.24 (vs â‚¬Â 0.85 last year), i.e. â‚¬Â 0. 67 for Q2 2018 vs a consensus of â‚¬Â 0.66, 2/ adjusted cash flow from operating activities totalled â‚¬Â 196.2m, up 31%, 3/ transaction volumes grew 48.5% overall to â‚¬Â 56.2m. Also, the FCF conversion rate was 1...

August 16, 2018 August 16, 2018 4 EN

Oddo BHF

Wirecard AG : Q2 2018 results in line, 2018 guidance upgraded as expected (but midpoint below consensus) â€“ We remain Neutral on valuation grounds

August 16, 2018 August 16, 2018 4 FR

Oddo BHF

Wirecard AG : An upward revision to the guidance is possible but already largely priced in

>The full H1 2018 results ought to be solid - Wirecard will release its H1 2018 results on 16 August before trading and follow them up with a conference call at 1pm (Paris time).Note that the group already posted its preliminary Q2 2018 results in late July including: 1/ Q2 2018 sales of â‚¬ 476.9m (+40%), i.e. â‚¬ 897.3m in H1 2018 (+45.8%, of which 25% organic growth and the rest stemming from the acquisitions of Citi APAC and Citi US) and 2/ Q2 2018 EBITDA of â‚¬ 13...

August 8, 2018 August 8, 2018 5 EN

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The bond rally at the end of 2023 has largely corrected. Long-term interest rates have regained more than half of their decline over November and December. The main reason for their rise is the shift in monetary policy expectations against a backdrop of persistent inflation. The Fed's rate cuts have been postponed and reduced in scope. As a result, this will increase interest payments on federal debt. The state of public finances is a non-issue in an election year. No candidate w...

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Le rally obligataire de la fin 2023 s’est en large partie corrigé. Les taux d’intérêt à long terme ont retracé plus de la moitié de leur baisse sur novembre et décembre. Leur hausse a pour cause première le changement d’anticipations de la politique monétaire sur fond de persistance de l’inflation. Les baisses de taux de la Fed sont retardées et leur ampleur s’en trouve réduite. Cela va alourdir le service d’intérêt sur la dette fédérale. La situation des finances publiques est u...

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Wirecard AG : Un relÃ¨vement de guidance est possible, mais dÃ©jÃ largement anticipÃ©

Wirecard AG : Q2 2018 results in line, 2018 guidance upgraded as expected (but midpoint below consensus) â€“ We remain Neutral on valuation grounds

Wirecard AG : Q2 2018 results in line, 2018 guidance upgraded as expected (but midpoint below consensus) â€“ We remain Neutral on valuation grounds

Wirecard AG : An upward revision to the guidance is possible but already largely priced in

Will fiscal laxity ever be punished by the markets?

Le laxisme budgétaire sera-t-il un jour sanctionné par les marchés ?

Credit Morning 04/25/2024

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