Gemalto First Quarter 2015 Revenue
Last Update: Thursday, May 7, 2015 : 10:27 (+4GMT)
Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security today announces its revenue for the first quarter of 2015.
•Revenue at €686 million, up +29% at historical exchange rates and +19% at constant exchange rates, with strong business growth and addition of SafeNet
•Growth came from all main segments and activities, with strong performance in Machine-to-Machine and in Payment
•SafeNet acquisition well received by customers
Olivier Piou, Chief Executive Officer, commented: “The first quarter of 2015 leveraged the investments made, with significant expansion in our businesses. Payment continued to grow vigorously, on-going deployments confirm the improving momentum in Government Programs, and the strong expertise of the SafeNet team complements well our offering. Performance in the Mobile segment was led by excellent Machine-to-Machine growth and a solid SIM business. And we are focused on delivering a steady progression towards our 2017 objectives.”
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