QIWI Sees FY19 Sales Up 15%-19% YoY

QIWI upgrades its Total Adjusted Net Revenue, Payment Services Segment Net Revenue and Adjusted Net Profit guidance in respect of 2019 outlook: Total Adjusted Net Revenue is expected to increase by 15% to 19% over

Benzinga · 11/20/2019 11:36

QIWI upgrades its Total Adjusted Net Revenue, Payment Services Segment Net Revenue and Adjusted Net Profit guidance in respect of 2019 outlook:

  • Total Adjusted Net Revenue is expected to increase by 15% to 19% over 2018;
  • Payment Services Segment Net Revenue is expected to increase by 25% to 29% over 2018;
  • Adjusted Net Profit is expected to increase by 45% to 55% over 2018.

QIWI reiterates its Payment Services Segment Net Profit guidance in respect of 2019 outlook:

  • Payment Services Segment Net Profit is expected to increase by 25% to 29% over 2018.

For the purpose of the guidance in respect of 2019 outlook we would like to outline the following considerations