Flexible Electronics News

Giesecke+Devrient Publishes Fiscal 2018 Results

Company's order backlog reaches all-time high.

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By: Anthony Locicero

Copy editor, New York Post

Giesecke+Devrient (G+D) published its results for fiscal 2018. Once again, the global security technology company posted record sales. G+D enjoyed particular success in acquiring new customer orders, with the order backlog doubling.   In fiscal 2018, G+D sales increased by 5% year over year (currency-adjusted: 7%) to €2.25 billion. That represents a record turnover for the company. The fiscal year ended with the G+D order backlog at €1.7 billion, which is 50% above the previous year’s value....

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