Home / Wirecard

Wirecard

On 25 May 2020 Wirecard postponed its presentation of the 2019 consolidated financial statement for the third time to 18 June 2020. This worry investors because Wirecard’s CEO – Dr Markus Braun – stated on 3 May that EY would have ‘no problem’ in signing off the 2019 accounts on 4 June 2020.

The reason now mentioned for the deferral; ‘not all audit procedures have yet been completed’, does not convince at all. Given the previous communications and controversies, it is difficult to believe Wirecard’s assertion that the consolidated financial statements will be published on 18 June 2020. European Investors wants to know whether investors have been misinformed by Wirecard between 3 and 25 May 2020. Read European Investors’ letter.

Top