Kudelski’s digital television business broke through the SFr500 million (€307.39) revenue mark for the first time in 2006. The security company was reporting full year net profits of SFr138.53 million, an increase of SFr86.77 million, well ahead of analysts expectations. Digital television operations alone accounted for an increase of 17% compared to 2005.
Andre Kudelski, Chairman and CEO of the Kudelski Group said the company had been able to compensate for the revenues from card swaps in 2005 with organic growth during 2006.
Separately, Kudelski has announced the supply of an end to end solution to the YPSO/Numéricâble cable group in France, Belgium and Luxembourg, ahead of the rollout of its national VOD service. The package incorporates the Nagravision content protection, OpenTV middleware, Quative service delivery platform and the Lysis Content Management System. (JC)