Trading update
Electronic payment solutions provider Ingenico has revealed its revenue figures for the third quarter of 2012 (view press release). The overall results indicate Q3 2012 revenue of EUR311.3 million, up 24.9% on a reported basis and 16.7%on a comparable basis. Revenue for the first nine months was EUR853.6 million, up 23.8% on a reported basis and 16.5% on a comparable basis.
Philippe Lazare, the Chairman and CEO of Ingenico, said: “We are extremely pleased with our outstanding performance in the third quarter, which follows the trends observed in the first half of the year. Our product offer perfectly fits demand in all of our Regions, and we have achieved double-digit growth across all of our segments. In addition, we continue to invest in markets and businesses with high long-range potential for our Group, notably in the United States and in mobile payment through our ROAM Data solutions and Ingenico product ranges. Despite on-going macroeconomic uncertainty, we are fully confident in achieving our annual targets. In fact, we have raised our full-year revenue growth guidance to 12% or above, while our EBITDA margin is still expected to reach or exceed 18.3%.”
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