News

Capellen, Luxembourg, 10 May 2016,

LuxTrust S.A. is pleased to announce its annual results for the year 2015, with total revenues of 9.2 Million EUR, corresponding to an increase of 7.1 % when compared to 2014. Sales outperformed expectations by more than 6.5%, leading to net profit higher than 1 Million EUR.

With the acquisition of three new major customers in the banking sector in 2015, LuxTrust is now clearly positioned as the reference cloud Trust Services provider in Luxembourg, serving most of the financial sector and governmental applications. By year end 2015, LuxTrust manages the digital identity of more than 400,000 end-users, private as well as professional, equipped with LuxTrust devices and services subscriptions.

LuxTrust’s portfolio now ranges from digital identity management, to strong authentication services, up to digital signature of transactions and documents, with maximum quality and trust level as defined by the applicable European regulation (eIDAS) and standards. In order to stimulate growth and facilitate clients’s adoption and integration into their platforms, those LuxTrust services have been gathered in 2015 onto a new portal, ORELY®, which serves as a common cloud-based platform for private applications and services.

In 2015, LuxTrust has also enhanced its products and services portfolio in order to match market’s expectations in terms of mobility and user-friendliness, by developing mobile devices and mobile applications. It has also released digital signature services on mobile device, now allowing LuxTrust users to literally sign documents on a tablet with legal value equivalent to hand-written signature.

“Thanks to the excellent work achieved by the LuxTrust team in 2015 under the leadership of Mr. Stéphane Ries, LuxTrust has not only achieved very good results in 2015. It is also ideally positioned, thanks to its products & services portfolio, to address the next chapters of the company development, i.e. international expansion. LuxTrust is also using its skills and certification as trust services providers to provide identity-based security to the Internet of Things.” said Pascal Rogiest, CEO.

LuxTrust has indeed actively embraced concrete initiatives to develop its services to the international markets as part of new strategic and investment plans, while committing to strong reliability of its local services.