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Wireless

G&D grows revenue to over EUR 2 billion in 2015

Tuesday 12 April 2016 | 14:44 CET | News
Payment and secure communications solutions company Giesecke & Devrient (G&D) reported revenue up 9.7 percent to a record EUR 2.01 billion in 2015 with all three of its business units contributing to growth. Excluding a 2014 provision for restructuring costs, G&D's EBIT increased by around EUR 40 million to EUR 101.6 million. Consolidated net profit is back in the black at EUR 54.4 million. Mobile security revenue improved by 11 percent to EUR 863.3 million, in large part due to continued EMV migration in China and early phases of EMV migration in the US. The division also benefited from

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Categories: Mobile & Wireless
Companies: Giesecke & Devrient
Countries: Germany / World
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