Gemalto NV (GTO.AS)
Latest Key Developments (Source: Significant Developments)
: Net profit 266.9 mln euros in 2016 compared with 303.5 mln euros in 2015 . Profit from operations up 7 percent to 453 mln euros in 2016 vs 423 mln euros in 2015 . EBITDA 593.5 mln euros in 2016 versus 546.9 mln euros in 2015 . For 2017, Gemalto expects its profit from operations to be 500-520 mln euros . Gross margin was 40.5 percent, up 155 basis points year-on-year (Reporting by Paris newsroom) ((email@example.com;)). Full Article
Xingmin Intelligent Transportation Systems Group Co Ltd <002355.SZ> :Says it enters into strategic cooperation framework agreement with Gemalto, on Internet of things and intelligent connected car related business. Full Article
"Le Groupement Des Cartes Bancaires CB" selects Gemalto pure technology to launch mobile payment on its CB system in France
Gemalto's shares fell by as much as 23 percent on Wednesday after the Dutch digital security firm cut its 2017 profit forecast due to slow adoption of chip-enabled payment cards in the United States.