Ingenico 2008 revenue grows

Source: Ingenico

The Ingenico Group announced today its Q4 and full year 2008 revenue.

Philippe Lazare, Ingenico's CEO, commented: "2008 was an important year for Ingenico. We successfully integrated Sagem Monetel and have become the industry worldwide leader. Despite the economic downturn, we grew annual revenue by 7% thanks to the quality of our products and services, our deliberate focus on growth in emerging markets and, lastly, our policy of targeted and successful acquisitions. We confirm our 2008 operating margin objective of between 12 % and 13%. Finally, at the end of 2008, we launched a range of products and services which are unrivalled in the market and allow us to move forward into 2009 with confidence."

Read the full statement here:

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