* Keeps full-year operating profit target
* Q3 sales up 11 percent to 575 mln eur
* Shares rise 3 pct
(Adds share price, analyst comment, details)
PARIS, Oct 25 Smart-card maker Gemalto
on Thursday p osted a rise in t hird-quarter revenue, helped by
growing demand for products and software aimed at phones using
Paris-listed Gemalto, which develops the security software
embedded in chips for mobile phones and payment cards, posted
sales up 11 percent at constant exchange rates to 575 million
euros ($745.72 million) abo ve analyst expectations.
Shares in Gemalto rose 3 percent at 0926 GMT to 69 euros,
the biggest gainer on France's SBF120 index.
The group kept its target for full-year operating profit to
reach 300 million euros, a year earlier than initially planned,
and about a quarter higher than last year's operating number. It
also reiterated its outlook for an increase in sales and
operating profit in all of its units in 2012.
Sales at its mobile division -- which brings in close to
half of revenue -- rose 16 percent to 283 million euros, helped
by a surge in demand for its 4G-LTE SIM products and software
ahe ad of the lau nch of new mob ile devices.
"This very good performance is mainly due to mobile telecoms
(..) thanks to the building-up of demand for 4G-LTE networks and
the dynamism of software platforms and services," an alysts from
broker Gil bert Dupont wrote in a note.
In its security business -- which makes electronic
passports, driving licences and health cards for the public
sector -- sales grew 22 percent to 98 million euros thanks to
the roll-out of electronic identity programs from governments.
Gemalto said it would present a new strategic plan during
the second half of 2013.
($1 = 0.7711 euros)
(Reporting by Alice Cannet; editing by Mark John and Christian