Gemalto published its H1 16 results, with revenues of €1.5bn, almost flat vs. the previous year, i.e. up 1% at constant exchange rates but down 1% in reported figures. By business, similar to Q1, the Payment & Identity business was strongly up (+11% reported, +7% at constant exchange rates) while Mobile was down (-5% reported, -7% lfl). The SIM business fell substantially (-26%), while all other businesses delivered growth: Payment +11%, Enterprise +12%, Government +25%, M2M +9%, Mob
26 Aug 2016
Positive developments, but M&A will be the driver in H2
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Positive developments, but M&A will be the driver in H2
Gemalto published its H1 16 results, with revenues of €1.5bn, almost flat vs. the previous year, i.e. up 1% at constant exchange rates but down 1% in reported figures. By business, similar to Q1, the Payment & Identity business was strongly up (+11% reported, +7% at constant exchange rates) while Mobile was down (-5% reported, -7% lfl). The SIM business fell substantially (-26%), while all other businesses delivered growth: Payment +11%, Enterprise +12%, Government +25%, M2M +9%, Mob