Dutch payments firm Adyen first-half sales surge 67 percent

Dutch payments firm Adyen first-half sales surge 67 percent
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By Reuters
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AMSTERDAM (Reuters) - Adyen <ADYEN.AS>, the Dutch company which processes payments for Netflix <NFLX.O> and Facebook <FB.O>, reported first-half net profit of 48.2 million euros (43.23 million pounds), up 75 percent from a year ago. Sales soared 67 percent to 156.4 million euros.

It was the first earnings report for the Amsterdam-based Adyen as a public company, whose stock surged 100 percent on the day of its initial public offering at 240 euros per share in June.

($1 = 0.8744 euros)

(Reporting by Toby Sterling, Editing by Sherry Jacob-Phillips)

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