WAG Payment Solutions Plc ( (GB:WPS) ) has provided an update.
Eurowag reported a successful fiscal year ending December 2024, with a 14% increase in total net revenue to €292.5 million and a 12% rise in adjusted EBITDA to €121.7 million. The company achieved strong cash generation, reducing net debt and proposing a special dividend. The launch of the Eurowag Office platform marks a significant step in their digital transformation strategy, enhancing their ability to cross-sell products and improve operational efficiencies. Despite economic uncertainties, Eurowag remains confident in its growth prospects and aims to maintain strong cash generation and low-teen net revenue growth in 2025.
More about WAG Payment Solutions Plc
Eurowag, founded in 1995, is a leading technology company and a key partner to Europe’s commercial road transport (CRT) industry. The company focuses on enabling trucking companies to transition to a low-carbon, digital future by integrating critical data, insights, and payment and financing transactions into a single ecosystem. Eurowag aims to make the CRT industry clean, fair, and efficient.
YTD Price Performance: -26.00%
Average Trading Volume: 221,774
Technical Sentiment Signal: Buy
Current Market Cap: £407.4M
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