REVENUE 9 MONTHS 2012: +10.0%
Bagnolet, October 24, 2012
In a sector context that hardened in the 3rd quarter, Infotel reported revenue as at 30 September showing some resilience, up +10%:
|In M€, as at 30 September||9 months 2012
|9-month 2011||Δ 2012
|– Services||92,6||84,1||+10,2 %||28,0||27,3|
|– Softwares||5,3||4,9||+7,7 %||1,2||1,6|
|Total Consolidated Turnover||97,9||89,0||+10,0 %||29,2||28,9|
(1) Current scope: consolidated data including the turnover of Insoft Software GmbH (€0.87 million) acquired on 30/06/11 and Empeiria (€1.39 million) consolidated as of 01/01/12
A broadly stable third quarter, thanks to the rise of service centers
At 30 September 2012, Infotel had totalled revenue of €97.9 million, up 10% compared to 30 September 2011. Activity in the 3rd quarter was almost stable (+0.7%), with a Services activity up +2%.
The Services division (94% of turnover) grew by 10.2% to €92.6 million, year-on-year.
The 3rd quarter of 2012 (+2%), was marked by a slowdown in activity in almost all sectors, with the exception of aeronautics, for which service centres continued to ramp up.
The Group must thus face a certain wait-and-see attitude reflected in a lack of visibility at the end of the year among some of its customers.
The Software division (6% of turnover) grew by 7.7% to €5.3 million over the year. In the 3rd quarter, it recorded a decline in activity with revenue of €1.2 million compared to €1.6 million in 2011, mainly due to lower than anticipated IBM royalties and more generally to a delay in the decision-making processes of principals.
Given the current environment, Infotel believes that Q4 will have a significant impact on the achievement of the annual revenue target. While visibility tends to decrease, Infotel remains firmly positioned to defend its positions and face market fluctuations.
Publication of annual turnover: January 30, 2013 (after stock exchange)
Listed on Compartment C of Euronext Paris since January 1999 (Isin code FR0000071797), Infotel is the specialist in the management of databases and their Web applications. At the forefront of technological innovations, Infotel develops its expertise around two complementary areas of expertise: IT services and high-tech software publishing. As part of its “Ambitions 2012” plan, Infotel has set itself two main objectives: to achieve almost all of its services in Service Centers and to become a key player in dematerialization. In 2011, Infotel had a total turnover of €123.5 million.