Digital security company Gemalto has released its 2011 results – the company saw €2bn in revenue from ongoing operation, up by 9 per cent, and €239m in profit.
“In 2011, halfway through our strategic plan, we clearly outperformed our objectives,” says Olivier Piou, Gemalto CEO. “Security and secure transactions have become double-digit profit margin businesses, with strong growth and scale effects. Mobile communication is back to revenue and profit expansion, benefitting from our investments in software and services. We will continue along our strategy of transformation and expansion in the growing market of digital security, and have confidence in reaching our target of €300m profit from operations in 2013.” 
