Business
Preliminary results for the year ended 31 Dec 2022
Preliminary results for the year ended 31 Dec 2022.
About this update from W.a.g. Payment Solutions Plc
[{"type":"text","content":"\n \n \n 16 March 2023\n \n \n \n \n \n \n \n \n \n W.A.G payment solutions plc (\"Eurowag\" or the \"Group\")\n \n \n \n \n Preliminary results for the year ended 31 December 2022\n \n \n \n \n CONTINUED STRONG AND RESILIENT GROWTH\n \n \n \n \n \n \n W.A.G payment solutions plc (\"Eurowag\" or the \"Group\"), a leading pan-European integrated payments and mobility platform focused on the Commercial Road Transport (\"CRT\") industry, today announces its preliminary results for the year ended 31 December 2022.\n \n \n \n \n \n \n Martin Vohánka, Founder and CEO, commented:\n \n \n \n \n \"I am very pleased with our strong performance this year despite the macro-economic challenges we faced across Europe. This is testament to the hard work and commitment of our team, and once again demonstrates not just the resilience of Eurowag, but the vital role our services play in keeping the Commercial Road Transport industry in Europe moving.\n \n \n \n \n \n \n \n \n \n Our strategy over the last few years has been focused on accumulating and building our product and technology capabilities, as well as expanding our customer footprint across Europe, as we work towards achieving our goal of delivering the CRT industry's first truly integrated, end-to-end digital platform. We made significant progress towards achieving this ambition last year. Key strategic highlights include the acquisition of Webeye, entering into a new strategic partnership with JITpay and the acquisition of Inelo, which is now complete. We continue to make good progress on our transformational technology programme, which revolutionises the customer experience by piecing together our product capabilities into one seamless platform.\n \n \n \n \n \n \n \n \n \n There is still much work to do as we approach a new phase of Eurowag's journey. However, we have entered into 2023 with strong momentum and I am more confident than ever that our integrated, end-to-end digital platform will unlock further value for both our customers and shareholders.\"\n \n \n \n \n \n \n \n \n The Group achieved strong full-year results with growth in line with medium-term financial guidance.\n \n \n \n \n \n ·\n Net energy and services sales1 up 24.6% year-on-year to €190.9m, with organic growth2 of 19.4% year-on-year;\n \n \n ·\n Payment solutions...