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| Gemalto à la Cantine (Photo credit: Pierre Metivier) |
Revenue up by 9% at Constant Exchange Rates, Growing in All Segments
- Mobile Communication Expands by 11%, with the Deployment of New Mobile Services
- Security and Secure Transactions Continue to Take Advantage of Their Strong Market Drivers
AMSTERDAM--()--Regulatory News:
“Gemalto delivers a record first quarter. Our extensive international presence enabled us to capture growth in the most dynamic regions. Our Mobile Communication offers are enjoying strong success in the market, Security continues its rapid expansion”
Revenue figures in this document are for ongoing operations1 and variations are at constant exchange rates except where otherwise noted. Revenue figures including contribution of assets held for sale and variations at historical rates are provided in the appendix of this document. All figures presented in this press release are unaudited.
Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security today announced its revenue for the first quarter of 2012.
Revenue from ongoing operations1
| ||||||||||||||||||||||||||||
| Ongoing operations (€ in millions) |
Mobile
Communication |
Machine-to-
Machine |
Secure
Transactions | Security | Patents |
Total first
quarter 2012 |
Total first
quarter 2011 | |||||||||||||||||||||
| Revenue | 235 | 44 | 129 | 75 | 0 | 483 | 439 | |||||||||||||||||||||
Year-on-year variations at
constant exchange rates | +11% | +0% | +6% | +14% | ns | +9% | ||||||||||||||||||||||
Olivier Piou, Chief Executive Officer, commented: “Gemalto delivers a record first quarter. Our extensive international presence enabled us to capture growth in the most dynamic regions. Our Mobile Communication offers are enjoying strong success in the market, Security continues its rapid expansion,
led by broad adoption of eGovernment programs, and Secure Transactions further improves its performance, on top of the strong acceleration recorded last year. We are well positioned in promising markets and continue along our transformation and expansion strategy. With this good start, we reaffirm our outlook for 2012 and our target of €300 million profit from operations for 2013.”
1 See basis of preparation on page 2, and appendix 3 of this document for more information on ongoing operations
