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Adjusted financial information is a set of non-GAAP measures defined as IFRS financial information adjusted for reorganisation charges, amortization & depreciation of intangibles resulting from acquisitions, and acquisitions-related costs. See 'Adjusted measures'.

“In the very adverse 2009 economic environment Gemalto further improved its profitability. Strong focus on value creation for our customers and operational efficiency translated into meaningful gross margin improvements. We again demonstrated our ability to generate strong cash flows. The return to a positive trend in the fourth quarter is a good sign for the start of our 2010-2013 Development Plan. And at the 2010 shareholders’ meeting, we are proposing the first dividend distribution in our history.”

Olivier Piou

Chief Executive Officer