Summary H1 2020
- Continued profitable growth despite challenging macroeconomic environment
- Business resilience despite COVID-19 pandemic due to continued diversification across width of merchant base and geographies
- Processed volume was €129.1 billion: up 23% year-on-year
- Net revenue was €279.9 million: up 27% year-on-year
- EBITDA of €140.9 million: up 12% year-on-year
- EBITDA margin of 50%, as we continue to invest for the long term
- Free cash flow conversion ratio was 92%, with a CapEx level of 2%
Shareholder Letter & Financial Results
The full H1 2020 financial results and accompanying shareholder letter can be found directly via this link.
Earnings Call & Webcast
Pieter van der Does (CEO) and Ingo Uytdehaage (CFO) will host an earnings call today, at 3.00 pm CEST. The live webcast of the call can be accessed at adyen.com/ir. On this same webpage, a replay will be made available following the call.
This press release contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Important Regulatory Notice
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