Very strong business growth in the third quarter of 2014
ingenico.com
Q3 2014 revenue of €381 million, up 16 percent on a comparable basis
Revenue for the first nine months: €1.084 billion, up 19 percent on a comparable basis
Double-digit growth in both Payment Terminals and Transactions
GlobalCollect acquisition completed
2014 guidance (excluding GlobalCollect) raised
We are extremely pleased with our performance in the third quarter, and more generally since the beginning of 2014.
In Europe, our service business, supported by our range of in-store, on-line and mobile payment solutions, has continued to gain traction. In the United States, revenue is up 90 percent this quarter, driven by the early deployment of EMV solutions for Tier 1 retailers ahead of the festive season. Our business has continued to expand in the emerging markets, particularly in Asia-Pacific.
Innovation is a key pillar of our strategy, and its impact will be strongly felt with the upcoming launch of our latest operating system, which for the first time combines secure payment and business applications for merchants. We are looking forward to unveiling the OS at Cartes (France) and Money2020 (U.S.) trade shows early November.
In Payment Services, the Ogone and GlobalCollect sales teams began working together as soon as the acquisition was completed, and I am delighted with how extensive their interaction has already been.
In this context, we confirm our revenue guidance and raise our profitability guidance for the year.”
ingenico.com |
