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Q3 2015 REVENUES

Q3 2015 REVENUES
#Communiqués Financiers

Bagnolet, October 28, 2015

Turnover
(in €m)
2015 2014 Δ 2015 / 2014
1st quarter 44,1 39,1 + 12,9 %
2nd quarter 42,3 36,8 + 15,0 %
3rd quarter 41,6 37,5 + 11,0 %
– Services 40,2 35,6 + 13,0 %
– Softwares 1,4 1,9 – 26,3 %
Total 9 months 128,1 113,4 + 13,0 %
– Services 122,5 108,0 + 13,5 %
– Softwares 5,5 5,4 + 2,9 %

Good level of activity in the 3rd quarter of 2015

Infotel publishes a turnover of €41.6 million in the 3rd quarter of 2015, an increase of 11.0% compared to the 3rd quarter of 2014. Over the first 9 months of the financial year, the turnover is to €128.1 million, showing fully organic growth of 13.0%.

The Services division (95% of total turnover) grew by 13.0% in the 3rd quarter and by 13.5% over the first 9 months of the financial year. This performance reflects a still sustained level of activity for the entire Group, with new listings, particularly in the Banking sector, and the signing of new contracts for the implementation of information systems with mobile interface and processing databases.

The inter-contract rate is still very low at 1.5% on average in the 3rd quarter. Recruitment is continuing, in line with the momentum recorded in the activity (255 employees joined at the end of September 2015).

The Software division (5% of total turnover) recorded a decline in turnover this quarter at €1.4 million, linked to strong seasonality in license sales. Over the first 9 months of the financial year, the Software activity generated €5.5 million in revenue, up 2.9%. The Group continues to develop new partnerships for the marketing of software.

The Group remains confident that it will achieve its revenue and profitability targets for the year.

Next meeting :
Fourth quarter 2015 revenue: January 27, 2016 (after market)

About Infotel

Listed on Compartment C 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 more than €157 million in revenue in 2014, Infotel has more than 1,800 employees.

Michel Koutchouk Co-founder