The Kudelski Group, a specialist in digital security, has announced its results for the first half of 2022.
Total revenues and other operating income were $333.4 million, compared to $340.5 million (up 3.3 per cent) in the first half of 2021. In constant currency, the Group’s net revenues increased by 3.3 per cent compared to the same period in 2021. In the first half 2022, the Group generated $0.5 million of operating income before depreciation and amortisation, compared to $15 million in the previous first half.
Digital TV revenues reached $144.5 million, representing a sharp decline of 8.9 per cent, as compared with the prior year period. In addition to foreign exchange factors, the base effect of strong 2021 Digital TV revenues drove this year-on-year development. The segment’s operating expenses were $0.4 million lower than in the prior…
