Bagnolet, October 26, 2016
Turnover (in €m) |
2016 | 2015 | % var. 2016 / 2015 |
1st term (January – March) | 47,13 | 44,14 | + 6,8 % |
2nd term (April – June) | 48,28 | 42,30 | + 14,2 % |
3e trimestre (juillet – septembre) | 44,40 | 41,62 | + 6,7 % |
– Services | 42,39 | 40,24 | + 5,3 % |
– Softwares | 2,01 | 1,37 | + 46,5 % |
Total 9 months | 139,82 | 128,05 | + 9,2 % |
– Services | 133,62 | 122,52 | + 9,1 % |
– Softwares | 6,20 | 5,53 | + 12,1 % |
Growth driven by the Services division
In the third quarter of 2016, Infotel recorded a turnover increase of 6.7%. Over the first 9 months of the financial year, growth was 9.2%.
The Services division (96% of sales) posted a 5.3% increase in revenue for the quarter, despite an unfavorable base effect. Cumulatively over 9 months, growth was 9.1%.
Banking remains the leading sector of activity in Services and the level of inter-contracts remains at a very low level, at 1.9% on average over the quarter, despite the tensions observed in the market. Thus, the number of recruitments amounted to 275 new employees bringing the total workforce to 2,009 employees at the end of September 2016.
During the past quarter, prospecting was very dynamic with new listings (particularly Crédit Agricole) which should open up prospects for new contracts.
The Software division (4% of turnover) recorded a significant amount of IBM royalties for $1,480k (€1,325k). New sales of software developed in-house or distributed should be completed by the end of the fiscal year.
Next meeting :
Publication of Q4 2016 revenue: January 25, 2017 after market close
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.