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Gemalto Reports First Semester 2015 Results

Revenue of 1.5 billion euros is up 32% at historical exchange rates, 20% at constant exchange rates.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Gemalto announced its results for the first semester 2015. Revenue of €1.5 billion is up 32% at historical exchange rates and 20% at constant exchange rates. Profit from operations of €160 million is up 33%. Revenue growth in Payment was 22%, Machine-to-Machine 23%, and Government Programs 17% at constant exchange rates.
 
“The strong first semester revenue growth illustrated the structural transformation and successful diversification of the company,” said CEO Olivier Piou. “Our flexibility enabled us to allocate more internal resources and external investments to support the faster growing businesses. Payment, Government and Machine-to-Machine are now three significant and very active growth engines, and Enterprise is reinforced by SafeNet, which is currently being integrated into our portfolio.”

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