Wirecard aims for EUR10 billion revenue goal by 2025
Wirecard, the global innovation leader for digital financial technology, today announces its Vision 2025, setting out its targets for 2025 transaction volume, revenues and EBITDA.
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Management also announces the key growth drivers to achieve these targets on the back of a rising global transition towards digital payments, mobile and e-commerce.
In 2025, Management forecasts transaction volume to increase to more than EUR 710bn. Group revenues are estimated to reach at least EUR 10bn with EBITDA of more than EUR 3.3bn. Management confirms the previously announced Vision 2020 targets and the FY2018 EBITDA guidance.
Wirecard's strategy towards achieving the Vision 2025 targets will focus on two core areas. Firstly, through an accelerating convergence between online, mobile and point-of-sale (ePOS), deploying innovative technologies to enable omnichannel commerce via one platform. Secondly, from the constant value chain development and innovative data-led value-added services, which are built around Wirecard Digital Payment Ecosystem and which lead to an improvement in the conversion rate - this is how Wirecard manages to significantly increase merchant turnover through data-driven services.