Ingenico Q1 results

| Source: INGENICO

Revenue of €552 million, representing organic growth of 15%

Growth across all regions and operational progress in the ePayments division

Strategic acquisition in Japan

Specified objectives for 2016:

Organic growth1 above or equal to 10%

EBITDA margin2 of c. 21%

Paris, France, April 26, 2016 (GLOBE NEWSWIRE) - Ingenico Group (Euronext: FR - ING) announced today its revenue for the first quarter of 2016.

Philippe Lazare, the Chairman and Chief Executive Officer of Ingenico Group, commented: "Our performance in the first quarter highlights our Group's ability to sustain a high growth rate. The figures are up in all of our Regions. Our multi-local footprint continues to give us the competitive edge in Payment Terminals. At the same time, our ePayments division is making rapid operational progress, as demonstrated by an increasing transaction flow from strategic customers. The division can therefore look forward to a return to double-digit growth in the second half of the year.
In addition, we have just carried out two acquisitions. Think&Go NFC has brought us greater opportunity for expansion in the field of connected objects and the means to strengthen our omni-channel offering. And, now, Lyudia will enable Ingenico Group to build up a solid presence in Japan and capture the market growth driven by EMV migration, which is expected to begin in 2017. Both acquisitions are an indication of how swiftly we are implementing our Strategic Plan 2020.
On the basis of these promising developments, we can provide more specific objectives for 2016. We expect revenue organic growth to exceed or equal 10% and EBITDA margin to be around 21%."

1On a like-for-like basis at constant exchange rates.

2EBITDA is not an accounting term; it is a financial metric defined here as profit from ordinary activities before depreciation, amortization and provisions, and before expenses for shares distributed to employees and officers.

Subsequent events

Strategic acquisition in Japan
The Group announced today the acquisition of 70% of Lyudia, japanese expert in software development and already distributing Ingenico terminals in Japan. BroadBand Tower Inc will keep 30% of Lyudia capital. This strategic move will enable Ingenico Group to gain strong market shares in a high-barrier-entry-market.

Acquisition of Think&Go NFC
On April 11, 2016, Ingenico Group announced the acquisition of Think&Go NFC, a start-up provider of connected screens. Think&Go NFC and Ingenico Group designed the first connected screens incorporating contactless payment technology, with the result that digital advertising displays are turned into points-of-sale.