Investment Idea
Advertisement

New Fingerprint Bull & Bear certificates

6 Nov 2015 | 1 min read

New Fingerprint Bull and Bear certificates with leverage 2 and 3 issued by Vontobel

@@I18N: LinkLegalTerms@@

Fingerprint Cards yesterday published the interim report for January to September 2015. Most important message for investors was the raise of 2015 revenue forecast. Fingerprint Cards now expect 2015 revenue at SEK 2,75B - 2,85B versus less than 2,5B earlier.

Third quarter revenues grew to SEK 964,0M with a gross margin of 45%. This concluded to an operating profit of SEK 346,1M. Fingerprints CEO reported a record quarter based on a strong growth and a leading market position. A rising number of smartphones with touch fingerprint sensors showed continued growth.

According to the CEO, “20 smartphone manufacturers have launched smartphones with touch fingerprint sensors from Fingerprint Cards.” Fingerprint also continues the development of sensors for smartcards. Even if this market segment is quite young, Fingerprint Cards expects “the first commercial deliveries of touch fingerprint sensors for smart cards to occur during 2016”.