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Gemalto (Euronext NL0000400653 – GTO), the world leader in digital security today announces its results for the full year 2014. • Full year revenue of €2.5 billion, up +5%, and profit from operations up +10%, at €383 million • Platforms & Services revenue passed the €500 million mark
• Strong demand in the United States, revenue up +32%
• For 2015, steady annual PFO expansion expected, towards the upgraded 2017 objective Olivier Piou, Chief Executive Officer, commented: “2014 laid the foundation for our new multi-year development plan as highlighted by several key milestones within Gemalto and its markets. Strategic investments were made at the right time and under favorable conditions to reinforce two major growth drivers for the duration of the plan, EMV and cyber security. Regarding our other operations, numerous program wins increased our eGovernment backlog, we broadened our offers to address the device manufacturers and added tokenization capability to our various platforms. Our teams are in place to deliver accelerated revenue and profit growth in 2015, and with the acquisition of SafeNet we are upgrading our 2017 profit from operations objective to over €660 million.”
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