August 22, 2019 / 5:52 AM / a month ago

Dutch fintech firm Adyen first-half core earnings soar

AMSTERDAM, Aug 22 (Reuters) - Adyen NV, a Dutch fintech company that processes payments for online merchants, including Facebook and Netflix, on Thursday posted a 79% jump in core profits, driven by higher volumes of transactions handled for existing customers.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) in the half year ended June 30 was 125.8 million euros ($139.39 million), from 70.3 million euros in the same period of 2018, it said in a statement. ($1 = 0.9025 euros) (Reporting by Toby Sterling; Editing by Rashmi Aich)

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