March 7 British payment processor Worldpay Group
Plc reported better-than-expected full-year underlying
earnings, helped by strong performance in e-commerce payments.
Worldpay, which provides platforms to allow merchants to
accept payments by cards and other methods, said underlying
earnings before interest, taxes, depreciation and amortization
rose 15.1 percent to 467.6 million pounds ($571.73 million) for
the year ended Dec. 31.
Analysts were expecting underlying earnings of 374.64
million pounds, according to Thomson Reuters I/B/E/S.
($1 = 0.8179 pounds)
(Reporting by Arathy S Nair in Bengaluru; Editing by Amrutha