Ingenico, the world leader in transaction and secure payment solutions, purchased 55% of Fujian Landi's share capital, one of the leading Chinese transaction solution provider and Point?of?Sale manufacturer.
Since its inception, Ingenico has been the leader in the field of secure electronic transactions. From becoming the global number one vendor by terminals shipped, to Ingenico's leadership in EMV being the first vendor to have a device approved for EMV Level 1 Ingenico has always sought to innovate fastest and first, to lead the industry and deliver maximum value to its customers.
The Ingenico Group recorded (unaudited) consolidated revenue of 128 million in the first quarter of 2008, an increase of 7.7% at current exchange rate and 11.2% at constant exchange rate, compared to revenue of 118.9 million in the first quarter of 2007.
FDC commits to Class A certification of Ingenico i-Series transaction terminals.
Sharp increase of 89% in operating profit, to 62.5 million , Operating margin of 11% in 2007, Increase of 130% in earnings per share, Minimal net debt, of only 2.5 million