#Communiqués Financiers

Double-digit organic growth (+12.9%)
Solid growth in both businesses: Services and Software

Bagnolet, May 20, 2015

Turnover (in M€) Q1 2015 Q1 2014 Δ 2015 / 2014 en %
– Services 41,77 37,26 + 12,1 %
– Softwares 2,37 1,85 + 28,1 %
Total turnover as of March 31 44,14 39,11 + 12,9 %

Growth in services and software

Infotel announces a turnover of 44.1 M€ for the 1st quarter of 2015, in organic growth of 12.9%. The continued development of the Services division over the period once again demonstrates Infotel’s ability to exceed IT sector growth estimates (+1.8% in 2015, Source Syntec).

The Services division (95% of total turnover) posted turnover of €41.7 million in the 1st quarter, up 12.1%. This increase reflects the regular momentum of service center openings, with, in particular, a ramping up of the Banking sector and renewed vigor in the Insurance/Retirement sector.

As a reminder, Infotel announced in early April the opening of a new subsidiary in the United Kingdom, near Newcastle, to support key accounts in the British market. The Group has also opened a new agency in Strasbourg offering proximity to local players and thus enabling it to complete the densification of the territorial network.

Lastly, the inter-contract rate remained very low, around 2%, over the quarter as a whole.

The Software division (5% of total turnover) totaled a turnover of €2.37 million over the first three months of 2015, up 28.1%, in particular thanks to higher IBM royalties.

Confidence for 2015

Infotel confirms for 2015 a rate of growth of the activity as sustained as in 2014 and the continuation of the improvement of the results.

Today’s General Meeting approved the payment of a dividend of €0.8 per share, payment of which is scheduled for May 27, 2015.

Next meeting :
Publication of 2nd quarter 2015 revenue: July 29, 2015 (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 1,700 employees.

Michel Koutchouk Co-founder