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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 | |
---|---|---|---|---|---|---|---|---|---|---|
15.60 | 1.10% | 1,435.60 | 1,420.00 | 1,437.00 | 1,435.60 | 1,418.40 | 1,425.20 | 13,029 | 13:05:00 |
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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