Wednesday
07.24.2019
3:36 AM
Login form
Search
Calendar
Entries archive

Africa Live News

Main » 2013 » October » 27 » Gemalto Third Quarter 2013 Revenue
3:05 PM
Gemalto Third Quarter 2013 Revenue
AMSTERDAM - Thursday, October 24th 2013 [ME NewsWire]

    Double-digit revenue expansion, with growth in all main segments and all regions.
    Platforms & Services revenue up +37%, representing more than half of total revenue growth.
    Secure Transactions up +18%, driven by large digital payment deployments.

Revenue figures above and 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 appendices of this document. All figures presented in this press release are unaudited.

(BUSINESS WIRE)-- Regulatory News:

Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security today announces its revenue for the third quarter of 2013.

Third quarter 2013 Ongoing operations (€ in millions)
                      

Mobile Communication
                      

Machine-to- Machine
                      

Secure Transactions
                      

Security
                      

Patents
                      

Total third quarter 2013
                      

Total third quarter 2012

Revenue
                      

287
                      

49
                      

162
                      

98
                      

0
                      

596
                      

575

Year-on-year variations at constant exchange rates
                      

+9%
                      

+9%
                      

+18%
                      

+5%
                      

n.m.
                      

+10%
                      
                                                                                                                                                                        

Olivier Piou, Chief Executive Officer, commented: "Gemalto’s diversified businesses and geographic footprint led to another quarter of strong revenue growth. A key component of our new multi-year plan is the development of our Platforms & Services activity, and its performance, expanding nearly +30% since the beginning of the year, evidences the trust our customers place in us. Our Embedded software & Products activity also develops rapidly, as expected, with +8% in year-to-date revenue growth. With this progress and despite the adverse currency environment we are on track to deliver on our outlook for 2013, which remains unchanged.”

1 See basis of preparation on page 2, and appendix 3 of this document for more information on ongoing operations.

Basis of preparation of financial information

Ongoing operations

For a better understanding of the current and future year-on-year evolution of the business, the Company provides revenue from "ongoing operations” for both 2013 and 2012 reporting periods.

The adjusted income statement for ongoing operations excludes, as per the IFRS income statement, the contribution from discontinued operations to the income statement, and also the contribution from assets classified as held for sale and from other items not related to ongoing operations.

In this publication reported figures for ongoing operations only differ from figures for all operations by the contribution from assets held for sale.

Appendix 3 bridges the revenue for ongoing operations to the revenue for all operations.

Historical exchange rates and constant exchange rates figures

Revenue variations are at constant exchange rates except where otherwise noted.

The Company sells its products and services in a very large number of countries and is commonly remunerated in currencies other than the Euro. Fluctuations in exchange rates of these other currencies against the Euro have a translation impact on the reported Euro value of the Company revenues. Comparisons at constant exchange rates aim at eliminating the effect of currencies translation movements on the analysis of the Group revenue by translating prior year revenues at the same average exchange rate as applied in the current year.

To view the full release including the table, please click here

Contacts
Gemalto
Investor Relations
Gabriel Rangoni, +33 6 1426 6956
gabriel.rangoni@gemalto.com

 

John Lineberger, +33 6 1243 6304
john.lineberger@gemalto.com

 

Corporate Communication
Isabelle Marand, +33 6 1489 1817
isabelle.marand@gemalto.com

 

Citigate FF
Media Relations Agency
Suzanne Bakker, +31 6 1136 8659
suzanne.bakker@citigateff.nl
or
Edi Cohen, +31 6 2151 7820
edi.cohen@citigateff.nl

 

Permalink: http://www.me-newswire.net/news/8937/en
Views: 66 | Added by: uaeonlinenews | Rating: 0.0/0
Total comments: 0