Lee Boy
Long/short equity, french equities, luxury goods companies, research analyst

Ingenico Is A Great Long-Term Investment With A Nice Short-Term Catalyst

Overview and 2013 results

Ingenico (OTC:INGIF) (OTCPK:INGIY) is a French company leader of the smart terminals and transaction services industries. The Group was founded in 1980 and operates now worldwide, employing more than 3,500 collaborators. The stock trades with high liquidity in Paris while US investors can buy on the OTC segment either the ordinary shares or its ADRs.

In 2013, Ingenico acquired Ogone in order to boost its online payment business and strengthen its activity in Europe. The Brussels-based company already accounted for €55m of revenues in 2013.

Ingenico recently announced great 2013 results with increasing revenues, profits and margins. The French company has an excellent track record and is now able to deliver more...

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