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Ingenico: FY earnings up 5%

(CercleFinance.com) - Ingenico has published net attributable income that is up 5% at 256 million euros, with an EBIT margin of 18.
1%, up 60 basis points, largely thanks to controlled operating costs.

Annual revenues came in at 2,510 million euros, up 9% as reported. Like-for-like growth reached 7%, including 5% growth in terminals and 11% growth in payment services.

Ingenico will propose a dividend of 1.60 euro for 2017, up 7% (distribution rate of 39%). It targets EBITDA of between 545 million euros and 570 million euros in 2018, with over 700 million euros at a constant consolidation scope and exchange rates in 2020.

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