Wirecard AG : Convincing both on business and the “affairs†- the stock is lagging on its peers - Buy recommendation maintained
>This first road show in Paris since the start of the “affairs†will, in our view, allow Wirecard to extend its positive communication sequence - We organised a Wirecard road show, the first in Paris for the group since the start of the “affairsâ€, with Alexander Van Knoop (CFO) and Iris Stoeckl (Head of IR). The event strengthened our positive stance on the group’s capacity to: 1/ extend its current growth momentum, and 2/ respond convincingly to the affairs highligh...Wirecard is engaged in the business of global payment processing, risk management and payment acceptance, as well as card issuing. Co. operates in three segments: Payment Processing & Risk Management, which comprises of products and service for the acceptance or implementation and the downstream processing of electronic payments and the associated processes; Acquiring & Issuing, which includes acceptance (acquiring) and issuing credit cards and prepaid cards, as well as account and payment transaction services; and Call Center & Communication Services, which comprises all of the products and services that address the call centre assisted support of corporate and private customers.
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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