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2016-10-26

INGENICO GROUP: Double digit growth at the end of September - 2016 Objectives confirmed

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| Press release |
| Paris, October 26, 2016 |
| |
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Double digit growth at the end of September

2016 objectives confirmed

* Q3 2016 revenue of €570 million, representing organic growth 1 of +7% *
Strong performance in ePayment business with 22% organic growth in the
third quarter * Outstanding performances in Europe-Africa and Asia-Pacific
in the Terminal business * Excluding United States and Brazil, organic
growth of +18% in the third quarter

* Revenue of €1.703 billion for the first nine months , representing organic
growth [1] of 10%

* Objectives for 2016 maintained * Organic growth 1 >= +7% * EBITDA margin
[2] >=20%

Ingenico Group ((Euronext: FR0000125346 - ING) announced today its revenue for
the third quarter of 2016.

Philippe Lazare, the Chairman and Chief Executive Officer of Ingenico Group,
commented: "Our Q3 performance has been satisfactory, despite unfavorable
market
conditions in the US and in Brazil during the quarter. Europe-Africa and
Asia-Pacific have performed outstandingly well, while ePayments is now back
to double-digit growth, as we anticipated. As such, we reaffirm our
objectives for 2016.
The long-term fundamentals of our business model remain in place. Our
investments in on-line payment are yielding returns, with the ePayments
division expected to be a key growth driver for the future
."

Revenue

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| As of September 30, 2016 Q3 2016 |
| €m % change €m % change |
| Comparable1 Reported Comparable1 Reported |
| Europe-Africa 632 17% 13% 224 22% 17% |
| APAC&Middle East 377 25% 19% 114 12% 7% |
| Latin America 130 -17% -25% 44 -24% -20% |
| North America 209 -5% -6% 62 -31% -32% |
| ePayments 355 8% 6% 126 22% 20% |
| Total 1,703 10% 6% 570 7% 4% |
------------------------------------------------------------------------------
Performance in the first nine months

In the first nine months of 2016, revenue totaled €1.703 billion, representing
a 6% increase on a reported basis, including a negative foreign exchange
impact of €64 million. Total revenue included €1.172 billion generated by the
Payment Terminals business and €531 million generated by Payment Services.

On a comparable basis1
revenue growth was 10% higher than in the prior-year period, a result that
included a 10% increase in Payment Terminals and a 9% increase in Payment
Services.

The strong growth achieved since the start of the year inEurope
was driven by Ingenico Group's multi-local footprint and high-quality customer
service. It also reflects the Group's ability to take advantage of regulatory
change in mature markets. InAsia-Pacific,
growth was particularly strong in Australia, where the new Telium Tetra range
was successfully launched, and in China, where Ingenico Group has continued
to enjoy high volume. In contrast, Brazil's unfavorable macro-economic
conditions heavily affected business volumes inLatin America.
InNorth America,
as indicated in early September, Ingenico Group was confronted with a sudden
decline in demand for its products, due to relaxation of the deadline for EMV
migration. Finally, investments in theePayments
division over the last few months has led to strong sales momentum driven in
particular by implementation of the contract with Alipay.

Performance in the third quarter

In the third quarter of 2016, revenue totaled €570 million, representing a 4%
increase on a reported basis, including a negative foreign exchange impact of
€14 million. Total revenue included €384 million generated by the Terminals
business and €186 million generated by Payment Services.

On a comparable basis1

revenue growth was 7% higher than in the third quarter of 2015, a result that
included a 2% increase in Payment Terminals and an 18% increase in Payment
Services.

Compared with Q3 2015, the various divisions performed as follows on a
like-for-like basis and at constant exchange rates:

-
Europe-Africa (+22%):
Sales activity was quite brisk once again in the United Kingdom and in the
Nordic countries. The replacement cycle for PCI V1 terminals was still
strong, highlighting Ingenico Group's ability to take full advantage of the
opportunities created by favorable regulatory change in mature markets. In
France, growth remained solid, thanks to the high quality of the Group's
product range and customer service. In Eastern Europe, Ingenico Group
increased its market share during the quarter. The strategy initiated several
years ago to establish a presence in Greece enabled the Group to profit from
the vigorous demand created by legislation promoting electronic payment. In
Russia, sales doubled once again, driven by high-quality execution of the
Sberbank contract.

At the same time, Payment Services continued to trend upwards. Transaction
volume grew in Germany and on the Axis platform.

-
Asia-Pacific

and Middle East

(+12%):
Sales are dynamic in China, where online-offline convergence is bringing an
important additional source of growth. Successful Telium Tetra deployment in
Australia was a further driver of third-quarter sales.
In Turkey, the Group still has a large pipeline of orders and growth is in
line with expectations.

-

Latin America (-24%)
:

As anticipated, Ingenico Group was impacted by the unfavorable macro-economic
situation in Brazil, with lower volumes orders from most acquirers. The Group
continued to gain market shares in Mexico, specifically in the retail
segment, and started to deliver Telium Tetra terminals to one of the main
acquirers. Performance remained solid throughout the rest of the region.

- North America
(-31%)

:

The US market was heavily impacted by EMV policy change. The resulting
slowdown in EMV migration has masked the market share gains recorded by the
Group in the hospitality and retail businesses. In Canada, Ingenico Group
delivered a solid performance, driven by replacement of some acquirers'
installed base.

- ePayments (+22%):
Operational performance was outstanding in the third quarter. The stability of
its platforms and enhanced service support allowed the ePayments division to
deliver strong growth.
The migration of the entire customer base to the new front office was
successfully carried out. Ingenico Group's platform meets the most demanding
standards.
Growth was accelerated by particularly high flows from certain key customers,
and it benefited from a favorable basis of comparison.

Outlook

The Group maintains its full-year objectives for organic revenue growth in
2016 at 7% or above, as well as for EBITDA margin, which is expected to be at
20% or above.

Regarding the coming quarters, the trends observed today are as follows:
In Europe-Africa, after three quarters of particularly successful growth, the
Group expects a slowdown in the PCI V1 replacement cycle.
Asia-Pacific and Middle East Region should continue to grow driven by
countries which the Group has recently entered.
In Latin America, sales declines are expected to stabilize progressively.
In North America, activity will be further affected by unfavorable
comparatives in Q4 of this year and at the start of next year. However market
share gains are expected in new segments in the US. The ePayments division
should maintain a good level of growth.

Conference call

A conference call to discuss Ingenico Group's Q3 2016 revenue will be held on
October 26, 2016 at 6.00 p.m., Paris time. Dial-in numbers:
01 70 99 32 12 (French domestic), +1 646 934 6795 (for the United States) and
+44 (0)20 7162 0177 (international) with the conference code: 960278. The
presentation will also be available onwww.ingenico.com/finance.

This press release contains forward-looking statements. The trends and
objectives given in this release are based on data, assumptions and estimates
considered reasonable by Ingenico Group. These data, assumptions and
estimates may change or be amended as a result of uncertainties connected in
particular with the performance of Ingenico Group and its subsidiaries. These
forward-looking statements in no case constitute a guarantee of future
performance, and involve risks and uncertainties. Actual performance may
differ materially from that expressed or suggested in the forward-looking
statements. Ingenico Group therefore makes no firm commitment on the
realization of the growth objectives shown in this release. Ingenico Group
and its subsidiaries, as well as their executives, representatives, employees
and respective advisors, undertake no obligation to update or revise any
forward-looking statements contained in this release, whether as a result of
new information, future developments or otherwise. This release shall not
constitute an offer to sell or the solicitation of an offer to buy or
subscribe for securities or financial instruments.
About Ingenico Group

Ingenico Group (Euronext: FR0000125346 - ING) is the global leader in seamless
payment, providing smart, trusted and secure solutions to empower commerce
across all channels, in-store, online and mobile. With the world's largest
payment acceptance network, we deliver secure payment solutions with a local,
national and international scope. We are the trusted world-class partner for
financial institutions and retailers, from small merchants to several of the
world's best known global brands. Our solutions enable merchants to simplify
payment and deliver their brand promise.
Learn more atwww.ingenico.com twitter.com/ingenico
Contacts / Ingenico Group

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| Investors Investors Communication |
| |
|Stéphanie Constand Caroline Alamy Coba Taillefer |
|VP Investor Relations Investor Relations Manager External Communication Manager |
|stephanie.constand@ingenico.com caroline.alamy@ingenico.com coba.taillefer@ingenico.com |
|(T) / 01 58 01 85 68 |
| (T) / 01 58 01 85 09 (T) / 01 58 01 89 62 |
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