INGENICO GROUP: First Quarter 2019 - A strong start to the year
INGENICO GROUP AMERICAN DEPOSITARY RECEIPTS - UNSP (INGIY)
NASDAQ:AMEX Investor Relations:
ingenico.com/finance/ingenico-group-at-a-glance
Company Research
Source: GlobeNewswire
Press Release Paris, 23rd April 2019 Revenue of €753 million, up 12% on a comparable basis[1]Retail accelerated to 11 % vs. 8 % in fourth quarter 2018B&A growth reached 12 % boosted by major market share gain in BrazilAll other B&A regions in line with expectations2019 organic growth guidance raised to c. 6 % (vs. 4 % to 6 %) EBITDA & Free Cash Flow objectives confirmed Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, today announced its revenue for the first quarter 2019. Nicolas Huss, Chief Executive Officer of Ingenico Group, commented: "The first quarter performance is strong and a great start to 2019. The Group performance was fuelled by an acceleration of Retail reaching 11 % and by an outstanding 12 % growth of B&A, boosted by a major market share gain in Brazil against competition, while the B&A operations in mature markets (EMEA, North America) were fully in line with expectations. The performance in Brazil
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