Gemalto posts H1 results

Source: Gemalto

Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security today announces its results for the first half 2009.

Key figures of the adjusted income statement:

First half 2008 First half 2009
€ in millions

As a % of

revenue

€ in

millions

As a % of

revenue

Year-on-year variation at

historical exchange rates

Revenue 791 800

+ 1% 1

Gross profit 275 34.7% 289 36.2% + 1.4 ppt

Operating expenses 2

205 26.0% 217 27.2% + 1.2 ppt
Operating income (EBIT) 69 8.8% 74 9.2% + 0.4 ppt


Olivier Piou, Chief Executive Officer, commented: "Gemalto delivers a record first semester; and Security reaches the milestone of profitable operations, ahead of our plan. We continue to benefit from our broad footprint and our unique business portfolio, which are essential elements of our ongoing objective of revenue growth and earnings expansion. This semester saw the start of several large customer projects in line with our digital security vision, creating excellent opportunities for Gemalto."

Read  the full statement here:

 

» Download the document now 155.7 kb (PDF File)

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