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Technology Stocks : Ingenico S.A

INGIY 29.26

0.0%

Dec 11 3:00 PM EDT

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From: JakeStraw	5/2/2014 10:10:16 AM
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Outstanding performance in the first quarter of 2014 - Q1 2014 revenue of €325 million - Organic growth1: +20% - Strong performance across all regions - Double-digit growth in both segments - Specified guidance for 2014: organic growth between 10% and 15%, EBITDA2 margin of at least 21% Philippe Lazare, Chairman and CEO of Ingenico, commented: “In the first quarter, Ingenico’s business activity has seen remarkable growth across all regions in which we operate. This performance is mostly based on our unique competitive positioning in a stronger market than expected. Moreover this performance demonstrates the relevance of our multi-local strategy: we have enhanced our leadership in China and in emerging markets, accelerated our deployment in North America and managed to successfully integrate Ogone, leader on digital payments. By deploying our fast and secure payment solutions across all distribution channels – in-store, on-line and mobile – we have more than ever assumed our role as facilitator for our customers in their interaction with consumers. ingenico.com

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