Ingenico first half revenues rise

Source: Ingenico

Ingenico (Euronext: FR0000125346 - ING) announced today its reviewed interim financial statements for the six‐month period ended June 30, 2012.

  • Very strong increase in H1 2012 revenue to €542.3 million, up 23% on a reported basis and 16% on a comparable basis1
  • Proven ability to consolidate Group margins at a high level while investing in future sources of growth
  • Net profit attributable to shareholders multiplied by 2.9 to a total of €31.5 million
  • 2012 outlook confirmed: organic revenue growth of over 8.3% and EBITDA margin of 18.3% or higher 

Philippe Lazare, Chairman and Chief Executive Officer of Ingenico, commented: "The outstanding results achieved by Ingenico validate our strategy with very strong growth across all regions and business segments in the first half. In Payment Terminals, we have been leveraging the high growth in emerging countries and a changing competitive landscape. In Transaction Services, as we forecast, growth in all segments has supported our shift towards transactions and services. We have also consolidated our margins at a high level even as we invest heavily in markets and businesses that hold real long‐term promise for us, particularly in the United States. Despite the current macroeconomic environment, based on our performance in the first half, we can confirm our guidance for 2012 - higher revenue growth and profitability than in 2011. Furthermore, in March 2013, we will be presenting you with our new medium‐term strategic plan." 

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