Ingenico reports interim Q1 results

Source: Ingenico

The Ingenico Group booked (unaudited) consolidated sales of 120 million euros (estimated) in the first quarter of 2006.

On a like for like basis, this represents a 28 percent increase over the first quarter of 2005, and a 22.8 percent increase over the published sales figure (97.7 million euros) for Q1 2005.

This performance is linked with good results booked in both North America and Southern Europe, as well as an exceptional activity level in Latin America.

"This strong growth reflects that the supply chain difficulties met by the Group in 2005 are being resolved, and that the Ingenico Group benefits from the confirmed dynamic trend of the payment terminal market," stated Amedeo d'Angelo, CEO of Ingenico.

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