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Smart card solutions provider Gemplus reported third quarter results today.
The company has seen group revenue up 13 percent year-on-year and up 20.5 percent in year-to-date. Operating income before restructuring and goodwill further improved to 10.5 million euros, but the company posted at net loss of 8.5 million euros, which a company news release say, reflects ' the final step of restructuring.' Free cash flow is at 9.5 million euros.