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ADYEN Adyen NV

1,198.40
0.80 (0.07%)
Last Updated: 15:08:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
Adyen NV EU:ADYEN Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 0.07% 1,198.40 1,198.40 1,198.60 1,208.60 1,185.60 1,197.00 26,936 15:08:50

Adyen 1st Half Net Profit Rose Sharply

19/08/2021 7:15am

Dow Jones News


Adyen NV (EU:ADYEN)
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From Jun 2021 to Jun 2024

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By Adria Calatayud

 

Adyen NV said Thursday that first-half net profit more than doubled on the back of higher net revenue and payments volumes, as it reiterated its financial objectives.

The Dutch payments company said it made a net profit for the first six months of the year of 204.8 million euros ($239.8 million) compared with EUR97.9 million for the same period last year.

Earnings before interest, taxes, depreciation and amortization for the period rose 65% to EUR272.7 million, with a margin that increased seven percentage points to 61%.

Total revenue for the period rose to EUR2.55 billion from EUR1.56 billion a year earlier, with net revenue up 46% at EUR445 million. Adyen said it processed payments worth EUR216 billion in the first half, up 67% on year.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

August 19, 2021 02:02 ET (06:02 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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