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Wirecard earnings 2018 full year

An illuminated logo sits on the exterior of Wirecard's headquarters in the Aschheim district of Munich, Germany.

FINANCE NEWS

Wirecard earnings 2018 full year


However, the FT doesn’t seem to have held off from its probe into Wirecard’s accounting processes.

It reported on Wednesday that the accounts of the firm’s largest business, CardSystems Middle East, were not audited from 2016 to 2017. The newspaper also claimed, citing documents, that almost all Wirecard’s reported profits came from three partner companies and that much of those profits were booked through CardSystems.

Braun said the latest allegations from the FT were “not true.”

“Of course all subsidiaries are audited to present very strong results and these companies that are mentioned do not represent the majority of profits,” he said.

He added: “I think we want to leave all of that behind, we see it as, a little bit, as market speculation … We really think that today is a turning point.”



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