Gemalto posted its 1H/11 revenue of EUR928 million, up 14% since the year ago period. With this came a 21% growth in Secure Transactions and a profit from ongoing operations of EUR72 million, up 8% from the year ago figure. The Company’s four main segments generated 16% revenue growth and 35% profit expansion. In the first quarter alone, revenue from software and services grew 12% while product revenue was lower by 6% year-on-year at constant exchange rates with EUR43 million revenue driven by the continuing growth of this activity in multiple industrial sectors. Secure Transactions delivered remarkable revenue expansion, posting a record growth of +23% year-on-year at constant rates(Cardflash Library, 2011-04-28).
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