AMSTERDAM, 10. Februar 2021 /PRNewswire/ —
The results reflect the resilience of the business and continued profitable growth in the second half of 2020 as rising volumes in online retail and digital goods industries offset declining travel volumes.
H2 2020 numbers
- The volume processed was € 174.5 billion: 29% more than in the previous year
- Net sales amounted to € 379.4 million: 28% more than in the previous year
- EBITDA of € 236.8 million: 36% more than in the previous year
- EBITDA-Margin of 62% reflecting sustainable profitability as we continue to invest long term
- The free cash flow conversion ratio was 92%, the CapEx 4% of net sales
- Updated forecast for the EBITDA margin in order to achieve values over 65% in the long term
Letter to Shareholders & Financial Results
The complete financial results for H2 2020 and the corresponding letter to shareholders can be found here.
Earnings Call & Webcast
Today at 3:00 p.m. CET, Pieter van der Does (CEO) and Ingo Uytdehaage (CFO) will hold a video conference on the results.
You can find the live webinar here. A recording will be made available on the same website following the conference call.
Figures for the whole of 2020
- The volume processed was € 303.6 billion: 27% more than in the previous year
- Net sales amounted to € 684.2 million: 28% more than in the previous year
- EBITDA of € 402.5 million: 27% more than in the previous year
- The EBITDA margin was 59% for the full year
Historical figures have been adjusted compared to previous publications of results.
This press release contains information that is or may be considered inside information within the meaning of Article 7 (1) of the EU Market Abuse Regulation.
Information on Adyen
Adyen is the payment platform of choice for many of the world’s leading companies, offering modern end-to-end infrastructure that is directly connected to Visa, Mastercard and the world’s preferred payment methods of consumers. Adyen offers seamless payments through online, mobile and in-store channels. With offices around the world, Adyen serves clients such as Facebook, Uber, Spotify, Casper, Bonobos and L’Oréal.
Important regulatory notice
This announcement is not for publication, distribution or release, directly or indirectly, in the United States of America (including its territories and possessions, any state of the United States of America and the District of Columbia), Canada, South Africa, Australia or Japan or any other jurisdiction in which such notice would be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions, and persons into whose possession this document or other information referenced herein comes should inform themselves of and observe such restrictions. Any failure to comply with these restrictions could constitute a violation of the securities laws of such jurisdiction.
Adyen securities have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration under that Act or an available exception thereto. Neither this document nor the information contained therein constitutes or forms part of an offer to sell or an invitation to buy any securities in the United States. Adyen will not issue clearance certificates for non-sponsored ADRs or other securities in the United States or any other jurisdiction.
This announcement does not constitute an offer to sell any security or investment, or a solicitation of an offer to buy any security or investment in any jurisdiction, including the United States, Canada, South Africa, or Australia JapanNeither this announcement nor anything in it may form the basis of an offer or undertaking in any jurisdiction or be relied upon. No action has been taken to permit the offer of securities or the possession or distribution of this announcement in any jurisdiction in which action is required for that purpose. Persons into whose possession this announcement comes are obliged to inform themselves about such restrictions and to observe them.
The information contained in this announcement is for background purposes only and does not claim to be complete or correct. No reliance should be placed on the information contained in this release or its accuracy or completeness for any purpose. This release does not purport to identify or imply any risks (direct or indirect) that may be associated with an investment in Adyen securities. Any investment decision relating to Adyen securities must be made solely on the basis of all publicly available information about such Adyen securities.
This notice may be restricted by law in certain jurisdictions, and persons to whom this notice is received should inform themselves about and observe such restrictions and under no circumstances should they forward this notice to anyone. Failure to comply with such restrictions could constitute a violation of the securities laws of such jurisdiction.
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