SafeCharge to announce good 2017 performance

SafeCharge that provides payments services, technologies, and risk management solutions for online and mobile businesses globally is all set to disclose its final 2017 results on March 14.

SafeCharge the payment technologies specialist announces its anticipation of hitting the financial targets for 2017 once the yearly results are out.

SafeCharge has highlighted in a pre-close trading update that it expects to achieve its goals for 2017. The company is prepared to declare its final results on March 14 but has already reported a performance in sync with its original expectations for the year.

Within the update, SafeCharge estimated its revenue is set to add up to between €90.8 and €91.6 million. The company, which has to its credit offices all over the world, anticipates its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to be approximately between €27 and €28 million.

“With robust current trading, a strong sales pipeline and new clients set to join the platform, the directors look forward with confidence to the 2018 financial year,” the company said in the update, which comes right after its fourth-quarter report. During the last period of 2017, SafeCharge generated record revenue and transaction processing volumes, processing more than €800 million in December alone.