Our segments

Gemalto is at the heart of our evolving digital society. The freedom to communicate, travel, shop, bank, entertain and work – anytime, anywhere, and in ways that are convenient, enjoyable and secure – has become an integral part of what people want and expect. Gemalto meets these growing demands of millions of people worldwide by offering our products and services through the following segments:

Mobile Communication

Solutions

  • A unique portfolio of Subscriber Identity Module (SIM) and Universal Integrated Circuit Card (UICC) based solutions for Mobile Network Operators (MNOs) and ‘virtual’ operators.

Markets

Telecommunications: the world’s leading supplier of SIM cards, software and services to the mobile industry, we deliver a vast range of solutions to address the increasingly complex ecosystem of digital communications that now serves nearly 5 billion subscribers.

54%

Revenue

€888m

2008: €948m

Adjusted EBIT(*)

€142m

2008: €160m

Highlights

  • Resilience in a cautious market with some customers delaying innovative projects.
  • Software & services revenue up 15% at constant exchange rates.
  • Gross margin improved, reflecting focus on value-selling and efficiency.
  • Tight control on operating expenses offset consolidation of new activities.

See Segmental overview for further detail.

Secure Transactions

Solutions

  • Innovative and secure payment solutions for financial institutions and retailers.
  • Rapid, convenient, contactless eTicketing solutions for public transport.
  • Pay TV subscriber authentication and rights management solutions.

Markets

Financial services and retail: the leading player in this sector, we deliver a wide range of chip card solutions and services to banks and other issuers with hundreds of millions of end-users.

Transport and Pay TV: we provide eTicketing solutions to governments and mass transit authorities; plus a range of Pay TV solutions to secure access service providers.

27%

Revenue

€441m

2008: €443m

Adjusted EBIT(*)

€15m

2008: €27m

Highlights

  • Return to growth in the fourth quarter.
  • Special provision of €11m related to situation in Germany identified in January 2010.
  • Increase in gross margin in the second semester due to improvements in product mix and personalization efficiency.
  • Tight controls on operating expenses offset consolidation of new activities.

See Segmental overview for further detail.

Security

Solutions

  • Highly secure, durable products, solutions and services for Government Programs.
  • Identity and Access Management (IAM) solutions for enterprises and other organizations.

Markets

Government: the world’s leading supplier of ePassports, we also provide secure electronic documents and services for eID, eHealth, eDriving license and other eGovernment programs.
Enterprise and eBanking: we provide secure Identity and Access Management solutions for enterprises and other organizations; plus a range of secure eBanking services.

15%

Revenue

€248m

2008: €216m

Adjusted EBIT(*)

€7m

2008: €(20m)

Highlights

  • Double-digit growth in revenue, driven by eID and eBanking.
  • Significant gross margin improvements from better industrialization and stronger patents contribution.
  • Security turned to profit for the full year, demonstrating operational leverage.

See Segmental overview for further detail.

Others

Solutions

  • Point-of-Sale terminals and services for retailers.
  • Phone cards for Public Telephony operators.

Markets

We provide POS terminals (including embedded software and related servers), technical support and maintenance services to restaurants, petrol stations and other retailers.

We sell a vast range of pre-paid cards and solutions for Public Telephony.

4%

Revenue

€77m

2008: €73m

Adjusted EBIT(*)

€6m

2008: €3m

Highlights

  • POS terminals delivered solid growth.
  • Public Telephony revenue declined in line with expectations and market trends, as mobile telephony progressively replaces public telephony around the world.

See Segmental overview for further detail.

(*)
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. Please refer to 'Adjusted measures'.