INGENICO GROUP: Third quarter 2019 - Solid revenue growth - All 2019 objectives reiterated
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, 22nd October 2019 Revenue of €880 million, up 10% on a comparable basis1Retail delivered a steady 11% growth over the third quarter 2019All Retail business lines performed in line with expectationsB&A growth reached 8% fuelled by North America and Latin AmericaEMEA remained challenging with a volatile environment in Eastern Europe All 2019 objectives reiterated2019 organic growth above 9%EBITDA (after IFRS 16) above €590 million Free Cash Flow conversion rate c. 50% Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, today announced its revenue for the third quarter ended on September 30th, 2019. Nicolas Huss, Chief Executive Officer of Ingenico Group, commented: “The Group posted a solid performance over the third quarter with a reported revenue growth of 28%, thanks to a strong 10% organic performance and the contributions from BS Payone and Paymark. The Group performance is fully in line with our full-year 2
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