AMSTERDAM - Thursday, October 24th 2013 [ME NewsWire]
Double-digit revenue expansion, with growth in all main segments and all regions.
Platforms & Services revenue up +37%, representing more than half of total revenue growth.
Secure Transactions up +18%, driven by large digital payment deployments.
Revenue
figures above and in this document are for ongoing operations1 and
variations are at constant exchange rates except where otherwise noted.
Revenue figures including contribution of assets held for sale and
variations at historical rates are provided in the appendices of this
document. All figures presented in this press release are unaudited.
(BUSINESS WIRE)-- Regulatory News:
Gemalto
(Euronext NL0000400653 - GTO), the world leader in digital security
today announces its revenue for the third quarter of 2013.
Third quarter 2013 Ongoing operations (€ in millions)
Mobile Communication
Machine-to- Machine
Secure Transactions
Security
Patents
Total third quarter 2013
Total third quarter 2012
Revenue
287
49
162
98
0
596
575
Year-on-year variations at constant exchange rates
+9%
+9%
+18%
+5%
n.m.
+10%
Olivier Piou, Chief Executive Officer,
commented: “Gemalto’s diversified businesses and geographic footprint
led to another quarter of strong revenue growth. A key component of our
new multi-year plan is the development of our Platforms & Services
activity, and its performance, expanding nearly +30% since the beginning
of the year, evidences the trust our customers place in us. Our
Embedded software & Products activity also develops rapidly, as
expected, with +8% in year-to-date revenue growth. With this progress
and despite the adverse currency environment we are on track to deliver
on our outlook for 2013, which remains unchanged.”
1 See basis of preparation on page 2, and appendix 3 of this document for more information on ongoing operations.
Basis of preparation of financial information
Ongoing operations
For
a better understanding of the current and future year-on-year evolution
of the business, the Company provides revenue from “ongoing operations”
for both 2013 and 2012 reporting periods.
The adjusted income
statement for ongoing operations excludes, as per the IFRS income
statement, the contribution from discontinued operations to the income
statement, and also the contribution from assets classified as held for
sale and from other items not related to ongoing operations.
In
this publication reported figures for ongoing operations only differ
from figures for all operations by the contribution from assets held for
sale.
Appendix 3 bridges the revenue for ongoing operations to the revenue for all operations.
Historical exchange rates and constant exchange rates figures
Revenue variations are at constant exchange rates except where otherwise noted.
The
Company sells its products and services in a very large number of
countries and is commonly remunerated in currencies other than the Euro.
Fluctuations in exchange rates of these other currencies against the
Euro have a translation impact on the reported Euro value of the Company
revenues. Comparisons at constant exchange rates aim at eliminating the
effect of currencies translation movements on the analysis of the Group
revenue by translating prior year revenues at the same average exchange
rate as applied in the current year.
To view the full release including the table, please click here
Contacts
Gemalto
Investor Relations
Gabriel Rangoni, +33 6 1426 6956
gabriel.rangoni@gemalto.com
John Lineberger, +33 6 1243 6304
john.lineberger@gemalto.com
Corporate Communication
Isabelle Marand, +33 6 1489 1817
isabelle.marand@gemalto.com
Citigate FF
Media Relations Agency
Suzanne Bakker, +31 6 1136 8659
suzanne.bakker@citigateff.nl
or
Edi Cohen, +31 6 2151 7820
edi.cohen@citigateff.nl
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