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    Breaking News

    Ingenico Group Announces 1Q 2018 Results

    Revenues of €581 million is negatively impacted by a €40 million forex impact.

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    04.26.18
    Ingenico Group, a global leader in seamless payment, announced its revenue for the first quarter of 2018.
     
    In the first quarter of 2018, revenue totaled €581 million, representing a 2% decline on a reported basis, including a negative foreign exchange impact of €40 million. On a comparable basis, revenue was 5% lower than in the first quarter of 2017. Adjusted from the impact of the Indian demonetization process and the European PCI V1 to V3 migration, revenue would have grown 3% on a comparable basis.
     
    “The beginning of the year was perfectly in line with our expectations. The Bambora integration and its end-to-end solutions opens up new market opportunities and reinforces the acceleration of the Group growth profile,” Philippe Lazare, chairman and CEO of Ingenico Group, said. “The resilient trends that we foresee in Retail and the pipeline of projects of Banks & Acquirers allow us to expect a gradual improvement of the growth dynamic reflected in a positive organic growth as early as the second quarter. In this environment we are approaching the coming quarters with confidence and we reiterate our full-year 2018 guidance.”
     
    In 2018, Ingenico Group expects an EBITDA of between €545 million and €570 million. The guidance factors in a negative impact from currencies of c. €25-30 million. Given the high comparison basis in the first half and the projects pipeline, the phasing of the year will result in a soft first half and a stronger second half.
     
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      STMicroelectronics Reports 2018 First Quarter Results

      Net revenues are $2.23 billion, up 22.2% year-over-year, with net income of $239 million.
      04.26.18

    • Breaking News | Sensors and Wearables

      Ingenico Group Introduces Move/2500 B

      Move/2500 B is its third generation biometric POS.
      04.18.18

    • Breaking News | Contract Manufacturing/Printing | Financial News | Sensors and Wearables

      Flex Reports 3Q Fiscal 2018 Results

      Quarterly revenue of $6.75 billion, increased 10% year-over-year, with cash flow from operations of $150 million.
      01.29.18


    • Breaking News | Financial News | RFID and NFC | Semiconductors and Quantum Dots | Sensors and Wearables

      STMicroelectronics Reports 2017 4Q, Full Year Financial Results

      Recorded 2017 net revenues of $8.35 billion, up 19.7% year-over-year, with free cash flow of $338 million.
      01.29.18

    • Breaking News | Mergers and Acquisitions | RFID and NFC

      Ingenico Group to Acquire Paymark

      Paymark is a New Zealand leader in payment processing.
      01.17.18

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