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QIWI Announces First-Quarter Results

May 14, 2015 6:30 AM EDT

First-Quarter Total Adjusted Net Revenue Increases 34% to RUB 2,515 Million Adjusted Net Profit Increases 42% to RUB 1,117 Million or RUB 20.29 Per Diluted Share QIWI Acquires 100% in Contact and Rapida QIWI Reiterates 2015 Guidance Board of Directors Approves Dividend of 25 Cents Per Share

MOSCOW, May 14, 2015 (GLOBE NEWSWIRE) -- QIWI plc, (Nasdaq: QIWI) ("QIWI" or the "Company") today announced results for the first-quarter ended March 31, 2015.

First-Quarter 2015 Operating and Financial Highlights

Total Adjusted Net Revenue increased 34% to RUB 2,515 million ($43.0 million) Adjusted EBITDA increased 50% to RUB 1,600 million ($27.4 million)... More