INGENICO : Limited Financial Impact of the One-Off Event in Germany
NEUILLY-SUR-SEINE, FRANCE -- (Marketwired) -- 06/17/13 --
Limited financial impact of the one-off event in Germany
Paris, June 17(th), 2013 - As stated on April 22(nd) 2013, Ingenico's
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
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
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. |
H1 2013 Results: July 31, 2013
Q3 2013 Revenue: October 30, 2013
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Source: INGENICO via Thomson Reuters ONE [HUG#1710050]
INGENICO - Investors Contact
VP Investor Relation & Corp. Communication
tel: +33 1.58.01.85.68
INGENICO - Media Contact
tel: +33 1.58.01.80.80
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