German payments firm Wirecard postponed the publication of final 2019 results for a third time late on Monday, citing delays in finalising audit procedures.
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder
“Within the scope of the completed parts of the audit procedures, Wirecard has not yet been informed of any material findings,” the company said in a statement. Originally, Wirecard had planned to publish on April 8, but it repeatedly postponed that as investigations into alleged accounting irregularities, which the company has denied, dragged on.Earlier this month, Wirecard announced a management board reshuffle and appointed a new compliance officer, days after hedge fund TCI demanded the removal of Chief Executive Markus Braun.
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