Brussels, 17 May 2013 - During the first quarter, the Goods ID Division has concentrated its development and commercial efforts on six key solutions. Favourably received by customers, these will contribute to improved results in the second half of 2013. The first quarter performance makes it possible to envisage H1 2013 earnings well above those for the same period in 2012.
In People ID, the Belgian and Portuguese identity cards and the Côte d'Ivoire passport are contributing to earnings, while customizing of the Israeli identity cards is expected to begin shortly. The Division's activity is focused on launching new contracts that will generate income from the second half and especially from 2014 onwards. The business development activity also remains strong.
In summary, despite the still uncertain economic environment in Europe, 2013 got off to a more promising start than 2012 for the Goods ID Division. The long-term contracts in People ID, and the recurring business and Zetes' strategic positioning in Goods ID, are the Group's stability vectors.
EBITDA for H1 2013 will be significantly better in Goods ID than in H1 2012. In People ID, the contribution to income and EBITDA of the new contracts will only be felt from the second half. For the Group, Zetes expects a better EBITDA than in H1 2012.
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