Ingenico: raises estimates for 2019
(CercleFinance.com) - Ingenico has reported Q1 2019 sales of 753 million euros, up 12% like-for-like.
In detail, the B&A business unit posted sales of 318 million euros, up
14% like-for-like. Meanwhile, Ingenico's Retail business unit posted
revenue of 435 million euros, up 11% like-for-like.
"This Q1 performance enables us to raise our 2019 organic growth to the
upper end of the initial guidance," said Nicolas Huss, Ingenico's CEO.
Therefore, the group now anticipates organic sales growth around 6%
against 4% to 6% originally expected.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
In detail, the B&A business unit posted sales of 318 million euros, up
14% like-for-like. Meanwhile, Ingenico's Retail business unit posted
revenue of 435 million euros, up 11% like-for-like.
"This Q1 performance enables us to raise our 2019 organic growth to the
upper end of the initial guidance," said Nicolas Huss, Ingenico's CEO.
Therefore, the group now anticipates organic sales growth around 6%
against 4% to 6% originally expected.
Copyright (c) 2019 CercleFinance.com. All rights reserved.