January 17, 2006 13:22 ET

INGENICO : Revenues in 2005 / 7-percent growth in the second half of 2005 (on a like-for-like basis)

Puteaux Cedex -- (MARKET WIRE) -- January 17, 2006 -- Puteaux - January 17, 2006 - Ingenico Group booked consolidated (unaudited) revenues of E437.4 million in fiscal year 2005 (up from E427.4 million in 2004), which reflects an annual growth rate of 3.8 percent (on a like-for-like basis).

Whilst revenues were fairly stationary in the first half of 2005 (E207.4 million), due essentially to delivery problems, they rose to E230 million (unaudited figures) in the second half (vs. E222 million in the second half of 2004).

On a like-for-like basis, excluding component sales which are accounted for under Cost of Sales, revenues in the second half stood 7 percent higher than in the second half of 2004 and 12.9 percent higher than in the first half of 2005.

In terms of revenues, that makes H2 2005 the best six-month period in Ingenico's history.

"I'm quite satisfied with the 7 percent growth we booked on a like-for-like basis in the second half, considering the delivery problems we faced throughout the summer. The trend we've observed confirms that although ambitious, the 10-percent annual organic growth target we set ourselves for 2006 can be reached," commented Ingenico CEO Amedeo d'Angelo.

The Company confirms its operating profit estimate for the second half, i.e. in the vicinity of 3-percent (excluding extraordinary items), which should yield 1.7 percent on a full-year basis.

As previously announced, restructuring charges resulting from the plan of action initiated at the end of the first half will be recorded under Extraordinary Items in the second half of 2005.

Ingenico will be communicating its results for 2005 to the financial community on March 16, 2006 (press release on March 15, 2006, after Paris stock market closing time).

About Ingenico

Throughout the world businesses rely on Ingenico for secure and expedient electronic transaction acceptance. Ingenico products leverage proven technology, established standards and unparalleled ergonomics to provide optimal reliability, versatility and usability. This comprehensive range of products is complimented by a global array of services and partnerships, enabling businesses in a number of vertical sectors to accept transactions anywhere their business takes them. For more information about Ingenico, a leading supplier of electronic acceptance technology, please visit



Jérôme Goaër

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Laetitia Guillot-Tantay

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