The English translation of the heading is:

"The Managing Directors of Adyen, including Pieter van der Does, are confident about the medium-term development of the Dutch payment service provider. After a significant increase in sales and profits in the second half of 2020, the company also expects positive figures for the coming years. Adyen announced this on Thursday in Amsterdam."

Investors Reacted Positively to the News and Briefly Set Aside Doubts About Adyen's Business Model. The Stock Surged by Nearly 17 Percent to 1385 Euros Shortly After the Start of Trading and Nearly Closed the Price Gap That Had Formed Due to a Crash in Late Summer of the Previous Year.

Before the crash in August and September 2020, the stock was trading at around 1500 euros before it fell to just over 600 euros.

Compared to the same period last year, Adyen was able to increase its net revenue by almost a quarter to 887 million euros thanks to the expansion of existing customer relationships. In the first half of the year, the company still struggled with the consequences of high inflation and price battles in North America.

Investors had therefore expressed doubts that Adyen could continue to increase its revenue.

Adyen is Responsible for Payment Processing for Companies like Zalando, Rituals, easyJet, and Delivery Hero. Operating Profit (Ebitda) Increased by 14 Percent to 423 Million Euros Compared to the Previous Year. The Company Surprised Positively with Both Revenue and Profit.

Analysts attribute the strong results primarily to a sharp increase in total transaction volume at the end of the year. In the first half of the year, profit declined due to high costs associated with new executive hires.

The costs of the HR policy are now under control. Adyen has also hired numerous new employees in the second half of the year and plans to continue expanding the sales team in key markets and establishing new offices in the coming years.

However, the executive board did not specify more precise objectives for the current year. For the next five years, Adyen aims to increase its revenue annually by a low to high twenty-percent range. More than half of the revenue should then remain in the coffers as operating profit.

The Adyen stock responded positively to the figures and ultimately rose by 21.34 percent to 1,436.20 Euros in Amsterdam. In the past, investors had reacted critically to the many new appointments in the executive team, but the board defended its countercyclical decision to expand the team over the last two years. Adyen also plans to continue hiring hundreds of new employees in the future.