Solid growth in emerging TV markets helped Kudelski post a net income of CHF49.3 million (€44.7 million) in 2015, a 47.7% increase on the previous year.
Its operating income rose by 32.7% to CHF81.2 million over the same period, while revenues and other operating income amounted to CHF950.8 million (+7.2%).
In constant currency, revenue grew by 11.1% during the year.
In the TV space, the group strengthened its position with a series of new contracts and deployments for Nagra.
Clients for its solutions included Liberty Global, Altice Group, Telefónica and Mediaset.
In the emerging markets, growth was driven by major projects in India (Hinduja Grou), Brazil (Sat HD) and Vietnam (VTV Cab).
Kudelski also joined forces with EchoStar in the smart device space and began establishing a presence in the US market.
Kudelski expects to have revenues of around CHF1 billion and operating of CHF75 to 90 million in 2016.
