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Wireless

Gemalto maintains outlook for FY growth after small drop in H1 results

Friday 31 August 2018 | 09:26 CET | News
Gemalto reiterated its full year outlook after lower but in line results for its first half. Revenues slid to EUR 1.387 billion from 1.393 billion though they grew 2 percent organically, driven by the Identity, IoT & Cybersecurity segment. The profit from operations dipped to EUR 92 million from 93 million, and the margin declined to 6.6 percent from 6.7 percent. EBITDA meanwhile lifted to EUR 164.6 million from 163.3 million, and the net profit jumped to EUR 66.8 million from 39.4 million. 

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Categories: Mobile & Wireless
Companies: Gemalto
Countries: World
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