Turnover first half of 2014: € 75.9 million; up 5.9%

Turnover first half of 2014: € 75.9 million; up 5.9%

Strong performance of Services: up 8.0%

Bagnolet, July 30, 2014

Turnover (M€, at June 30) 2014 2013 % var. 2014 / 2013
1st quarter 39.1 37.1 +5.3%
2nd quarter 36.8 34.5 +6.5%
Total 1st semester 75.9 71.6 +5.9%
– Services 72.4 67.0 +8.0%
– Software 3.5 4.6 -24.6%

Strong growth in the first semester

Infotel announces a turnover of € 36.8 million in the second quarter of 2014, up 6.5% compared to the second quarter of 2013. Revenues for the first half amounted to € 75.9 million, with a growth of 5.9%. This growth rate is carried by the Services division, demonstrating solid momentum since the beginning of the year.

The Services division (95% of total sales) makes a fully organic first half growth of 8% (including 6.7% in the second quarter). This performance was driven by growing service centers and the signing of new multiyear contracts, including Banque de France. Infotel has also won or renewed its listings with Air France, Société Générale or IBM France. During the semester, the level of inactivity remained low (approximately 2.2%) and recruitment in line with business growth (+108 employees).

The Software division (5% of total sales) in the second quarter benefited from a return to a normative level of royalties, in line with expectations. Software revenues amounted to € 3.5 million over the period, of which € 1.7 million (+3.4%) for the second quarter. Infotel is continuing to expand its partnerships, including internationally, for the distribution of Arcsys.

Given the strong performance for the first half of 2014, Infotel confirms its objectives for growth and stable margins for the year.

Next event:
Publication of 2014 half-year results: August 27, 2014 (after market close)

About Infotel

Listed on Compartment C of Euronext Paris since January 1999 (ISIN code FR0000071797) Infotel is the Specialist of large accounts information management systems, from mobile to very large volume databases (Big Data). At the forefront of technological innovations, Infotel develops its expertise around two complementary poles: computer services and software editing. With over € 142 million turnover in 2013 Infotel has a staff of over 1,500.