#Communiqués Financiers

Bagnolet, July 27, 2016

Turnover (in €m, as of June 30) 2016 2015 2016 / 2015 in %
1st term (January – March) 47,13 44,14 + 6,8 %
2nd term (April – June) 48,28 42,30 + 14,1 %
– Services 46,28 40,51 + 14,2 %
– Softwares 2,00 1,78 + 12,2 %
Total 1st semester 95,41 86,43 + 10,4 %
– Services 91,23 82,28 + 10,9 %
– Softwares 4,18 4,15 + 0,7 %

Solid growth in the Services division

Revenue recorded in the second quarter of 2016 shows an acceleration in growth over the period to +14.1%. Thus, in total, the half-year ended with activity up by +10.4%.

The Services division (95.6% of turnover) recorded strong growth in its activity in the second quarter with an increase of +14.2%. Over the half-year, the Services activity recorded growth of +10.9% to €91.23 million.

This good performance is linked to the winning of new projects (Socram, MACIF, etc.) and to new referencing which will allow significant developments in the future, also thanks to the positioning in Digital.

The Banking sector maintained its position as the division’s leading business sector with 34.3% of revenue. This position reflects the ramp-up of major service centers and new developments (Banque de France, i-BP, IT-CE, BNP Paribas Personal Finance – Cetelem, etc.).

The inter-contract level remains very low at 2.3% for the whole half-year. The number of recruitments rose to 170 over the period, bringing a total workforce of 1,405 employees at the end of June 2016.

The Software division (4.4% of turnover) recorded a turnover of €4.18 million, marked by a good increase in sales in Germany. The Group is continuing its prospecting policy for its Archiving activity in France and Europe, as well as its software distribution efforts internationally.

Confidence for 2016

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

Next appointments:
Publication of half-year results: September 14, 2016 after market close
Investor meeting: September 15, 2016 (lunch)

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