Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,425.65 17.11 0.10%
S&P 500 1,868.34 3.49 0.19%
NASDAQ 4,107.63 12.11 0.30%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,512.38 -3.89 -0.03%
TOPIX 1,171.40 -1.97 -0.17%
HANG SENG 22,760.24 64.23 0.28%

INGENICO : INGENICO : Limited financial impact of the one-off event in Germany



INGENICO : INGENICO : Limited financial impact of the one-off event in Germany

           Limited financial impact of the one-off event in Germany

 

Paris, June 17^th, 2013 - As stated on April 22^nd 2013, Ingenico's (Euronext:
FR0000125346 - ING) business in Germany has been affected by the bankruptcy of
a corporate customer due to a service specific to the German market.

 

Following an exhaustive review, Ingenico announces that this one-off  incident 
is now closed with a 5 million euros impact on profitability in the first half
of 2013, which is significantly below the maximum amount previously disclosed.

 

The Group  confirms its  full year  2013 guidance  of a  like for like  growth 
greater or  equal  than  8%  and  an EBITDA  margin  exceeding  18.5%  on  its 
historical perimeter (excluding Ogone).

 

Moreover, Ingenico has carried out an audit of the Group's services  portfolio 
in Germany and globally  in order to reinforce  the procedures of global  risk 
management, notably through an increased number  of controls at the launch  of 
new services.

 

Finally, all the Transactions activities  in Europe have been gathered  within 
the same entity  led by Peter  de Caluwe,  Ogone's CEO, who  joined the  Group 
after its acquisition by Ingenico.

 

 

 

  About Ingenico (Euronext: FR0000125346 - ING)

Ingenico is a leading provider of payment solutions, with over 20 million
terminals deployed in more than 125 countries. Its 4,000 employees worldwide
support retailers, banks and service providers to optimize and secure their
electronic payments solutions, develop their offer of services and increase
their point of sales revenue. More information on www.ingenico.com|
twitter.com/Ingenico. |

INGENICO - Investors Contact               INGENICO - Media Contact

Catherine Blanchet                         Rémi Calvet

VP Investor Relation & Corp. Communication VP Communication

catherine.blanchet@ingenico.com            remi.calvet@ingenico.com

tel: +33 1.58.01.85.68                     tel: +33 1.58.01.80.80

 

                                 Next events

                        H1 2013 Results: July 31, 2013

                      Q3 2013 Revenue: October 30, 2013

INGENICO

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: INGENICO via Thomson Reuters ONE
HUG#1710050
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement