2017 full year In line with Company expectations:
Revenue at 3 billion with Platforms & Services at 1 billion
Second semester revenue up +1% year-on-year at constant exchange rates
Profit From Operations (PFO) at 310 million
Transition plan savings of 15 million
2018 outlook: expected double digit revenue growth in the Identity, IoT & Cybersecurity segment and stable PFO margin for the Smartcards & Issuance segment1 leading to mid to high single digit growth in profit from operations at Gemalto level
On December 17th, Gemalto and Thales announced their intention to combine their operations: the combination process is on track
AMSTERDAM--(BUSINESS WIRE)--Regulatory News:Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security today announces its results for the full year 2017.
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Key figures of the adjusted income statement |
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| Year-on-year variations | |||||||||
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(€ in millions) |
Full year 2017 | Full year 2016 |
at historical |
at constant |
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| Revenue | 2,972 | 3,127 | (5%) | (4%) | |||||
| Gross profit | 1,105 | 1,266 | (13%) | ||||||
| Operating expenses | (795) | (814) | (2%) | ||||||
| Profit from operations | 310 | 453 | (32%) | ||||||
| Profit margin | 10.4% | 14.5% | (4.1ppt) | ||||||