Slight growth in turnover in Q1: +1.2%
Excellent level of royalties
Bagnolet, 15 May 2013
|In €M, at 31 March||T1 2013||T1 2012||Δ 2013 / 2012|
|Turnover Services||34.13||34.45||-0.9 %|
|Turnover Software||3.05||2.27||+34.1 %|
|Total Consolidated Turnover||37.18||36.72||+1.2 %|
Good performance in Q1
In a subdued economic context, Infotel published a turnover of € 37.18 M for the first quarter of 2013, growing 1.2% compared to the first quarter of the previous year. This performance is above forecasts by Syntec Numérique for the sector (+0.3 %).
Turnover for the Services division was almost stable (-0.9%) compared to the first quarter of 2012 despite an unfavourable base effect. The first quarter of 2012 registered a particularly high turnover associated with the start-up of several important service desks – of which the extra costs were henceforth assimilated.
Software (8.2% of turnover) registered a good turnover of € 3.05 M in the quarter, growing 34.1% compared to the first quarter of 2012.
The Group, however, is working on several tenders to extend its product Arcsys; nonetheless it faces long decision-making processes.
The financial situation of the Group remains stable with € 44.2 M in equity, no debt, and a net cash of € 22 M (at 31 March 2013).
Faced with a certain wait-and-see approach and ongoing pressure on prices, the Infotel group maintains an active sales prospecting policy, particularly in services.
With a strengthened operational efficiency and good visibility for Software, Infotel confirms its targets for growth in turnover above market in 2013 associated with an increase in profitability.
Finally, in order to associate shareholders with performance 2012, Infotel’s Board of Directors shall put to Shareholders’ Meeting on 22 May 2013 the payment of a dividend of € 2 per share.
This dividend will be paid on 30 May 2013.
Shareholders’ Meeting: 22 May 2013 – 2.30 pm
Publication of H1 turnover: 31 July 2013 (after trading)
Listed on Compartment C of Euronext Paris since January 1999 (ISIN code FR0000071797), Infotel is an expert in enterprise management systems, from mobile technology to big data databases. At the cutting edge of technology innovation, Infotel develops its expertise in two complementary competences: IT services and software publishing. With more than €134 M turnover in 2012, Infotel has more than 1,500 employees.