Kudelski 2015 income up 32.7%
February 18, 2016
The Kudelski Group, a global provider of media content protection and value-added service technology, has published its 2015 annual results.
The year 2015 has been marked by a 32.7 per cent operating income increase and a 11.1 per cent revenue growth in constant currency. Net income improved from CHF 33.4 million (€30.2m) to CHF 49.3 million compared to 2014. This will translate in a proposition to increase the dividend by 16 per cent, to CHF 0.35 per bearer share.
In 2015, the Group generated CHF 106.4 million of cash from operating activities. Kudelski positive outlook for 2016 with a guidance of around CHF 1 billion revenues and CHF 75-90 million operating income.
The Group says it has strengthened its strategic positioning by successfully developing innovations on a large scale in the TV space, in partnership with the most significant players in the industry, and joining forces with EchoStar in the smart device area.