Wirecard Is Fully Back to Business, Says CEO Braun

Wirecard Is Fully Back to Business, Says CEO Braun

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Business

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The transcript discusses the release of a report providing full transparency on Wirecard's operations, addressing investor concerns, and clarifying key findings. The company emphasizes its commitment to improved oversight and compliance, while rejecting severe allegations. Despite some findings, the company maintains that there is no material impact on its financials and reaffirms its guidance for 2019.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the company's main message regarding their business status?

They are considering a merger with another company.

They are fully back to business with improved oversight.

They are reducing their workforce.

They are planning to shut down operations.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern did some investors have about the report?

It was released too early.

It was not approved by the board.

It only covered specific transactions and lacked broader clarity.

It was too detailed and complex.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures has the company implemented in response to the findings?

Increased marketing efforts.

Expansion into new markets.

Additional oversight and compliance measures.

Reduction in product lines.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the company respond to allegations of wrongdoing?

They ignored the allegations.

They admitted to all allegations.

They strongly rejected the severe allegations.

They filed a lawsuit against the accusers.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the company's stance on the material impact of the findings?

There was no material impact on the numbers.

The impact was only on future projections.

There was a significant impact on the balance sheet.

The impact was yet to be determined.