Flexible Electronics News

Gemalto Reports First Semester 2012 Results

Record first semester revenue of more than €1 billion, profit from ongoing operations up 56 percent to €115 million

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Gemalto announced its results for the first semester of 2012. Revenue for the first semester was up by 10% at historical rates and 7% at constant rates to €1,020 million, with all main segments posting growth. The Security segment performed particularly well, with revenue growth of 19% at constant exchange rates. Platforms & Services 1 revenue expanded across the company by 12% to reach €140 million for the semester, representing 14% of total company revenue. Gross profit was up 21%, or €...

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