#Communiqués Financiers

Bagnolet, May 25, 2016

Turnover (in M€) 2016 2015 % var. 2016 / 2015
1st term (January – March) 47,1 44,1 +6,8 %
– Services 45,0 41,8 +7,6 %
– Softwares 2,2 2,4 -8 %

Services-led growth

Revenue for the 1st quarter of 2016 amounted to €47.1 million, up, entirely organically, by +6.8%, higher than the estimated sector growth of +2.6% (Syntec Numérique) for the whole of 2016.

The Services division (95% of turnover) recorded an increase of +7.6% in the 1st quarter, up compared to the previous quarter (+6.4% in Q4 2015).

The Banking sector continues to grow and now accounts for more than 34% of the division’s turnover, followed by the Industry sector which represents 28% of all services turnover.

The Software division (5% of turnover) recorded a turnover of 2.2 M€ with an amount of royalties of 1.4 M€.

Infotel continues its commercial dynamics throughout the territory with the obtaining of new listings, the signing of new contracts in Paris and in the provinces (Orléans, Niort, Lille, etc.) thanks to its offers around digitalization. Internationally, Infotel acquires new references, such as Nissan in Great Britain.

With 95 gross recruitments over the period, the total workforce exceeded 2,000 people at the end of March. The inter-contract rate remained low at 2.5% on average over the quarter.

Confidence for 2016

Infotel confirms its optimism for 2016: a turnover of around €200 million with acquisition(s) while maintaining profitability.

Today’s General Meeting approved the payment of a dividend of €1 per share, payment of which is scheduled for June 1, 2016.

Next meeting :
Publication of Q2 2016 revenue: July 27, 2016 (after market)

About Infotel

Listed on Compartment B of Euronext Paris since January 1999 (Isin code FR0000071797), Infotel is the specialist in large account management systems, from mobile to very large databases (Big Data). At the forefront of technological innovations, Infotel develops its expertise around two complementary areas of expertise: IT services and software publishing. With a turnover of €175 million in 2015, Infotel employs more than 2,000 people.

Michel Koutchouk Co-founder