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Annual Results

Worldpay improves FY pretax profit

07 March 2017 07:26

Worldpay's FY pretax profit has surged to £264.1m, up from £19.1m a year earlier.

Dividend per share was 2.0p, from nil. Revenue was £4.54bn, up from £3.96bn. Underlying EBITDA was £467.6m, from £406.1m. During the year, Worldpay recorded 14.9bn transactions, from 13.1bn. The total transaction value was £451.1bn, from £404.2bn.

The company described the year as having a very strong financial performance.

"We had a very strong 2016, both in terms of financial performance and strategic progress, and we're starting 2017 better placed than we've ever been," said CEO Philip Jansen in a statement.

"We are continuing to strengthen our global leadership position in payments, and we are well positioned to capitalise on the opportunities for further growth we see in our markets," he added.

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