Flexible Electronics News

SMARTRAC Increases Revenues by 36 Percent in the First Nine Months of 2012

Exceeds revenues of EUR 70 million per quarter for the first time

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SMARTRAC N.V., the leading developer, manufacturer and supplier of RFID transponders and inlays, announced financial figures for the first nine months of 2012. The company further increased its revenues and reported total sales of $189 million in the first nine months of 2012 as compared with sales of $139 million in the period January to September 2011. EBITDA for the first nine months of 2012 amounted to $17.4 million in 2012 compared to EBITDA of $14.6 million in 2011. Profit for the perio...

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