Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security today announces its results for the full year 2012.
- Record revenue at over € 2.2 billion in 2012, up +9%, and double-digit growth anticipated in 2013
Profit from ongoing operations up +26%, surpassing the €300 million objective a year in advance
- All our four main segments are growing in revenue and PFO
Platforms & Services revenue up +26%, with double-digit growth in all segments
This excellent performance shows that Gemalto has successfully transformed over the last years. Given Gemalto is ahead of time, the company has already started increasing its investments to prepare the ground for its next long-range plan that will be announced during the second semester.
Olivier Piou, Chief Executive Officer, commented: "Gemalto achieved a milestone year, posting record results and delivering faster than planned on what we set out to do: over the past three years we grew our revenue and profit by close to 40% and 80% respectively, and kept a strong net cash position. In 2012, we also secured a large number of long-term contracts in the mobile payment and government sectors, which will bolster our profitable expansion into the future. With the growth opportunities that we see in front of us, we have reinforced the investments in our businesses, preparing to fulfill the ambitions of our next long-term development plan.”