Diebold anticipates strong growth in Latin America

Diebold anticipates strong growth in Latin America
Tags: Diebold, Incorporated, Manufacturers
February 8, 2005

BNAmericas: Diebold (NYSE: DBD) expects annual ATM sales growth in excess of 10 percent during the next three years in Latin America (excluding Brazil) and the Caribbean, regional vice president and managing director Mike Mateo told BNamericas.

Mateo said Latin America and the Caribbean is a "very important" region for Diebold as it represents a strong growth potential for ATMs, but also for the company's other self-service and security business lines.

Mateo said that Mexico and the region's southern cone area are markets where he expects Diebold to enjoy the strongest growth this year.