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2017 H1 activity

Increase in 1st half 2017 activity: €103.33m, +8.3%

Satisfying H1 growth

Bagnolet, July 26, 2017

(in €m)
201720162017 / 2016 in %
Q1 (January – March)52.7047.13+11.8%
Q2 (April – June)50.6248.28+4.9%
– Services48.3946.28+4.6%
– Software2.242.00+11.9%
Total H1103.3395.41+8.3%
– Services98.9891.23+8.5%
– Software4.354.18+4.0%

Satisfying H1 growth

The increase in turnover seen in the 1st half pointed to entirely organic growth of 8.3% to €103.3 million.

Despite a lower number of days billed during the 2nd quarter 2017 compared with the 2nd quarter of the previous financial year (-3 days, a difference of 6%), the Services activity was up 4.6% in the 2nd quarter at €48.39 million.

The intercontract rate remained under control at 2% over the half year and the level of recruitments was high, despite tensions in the sector, with 216 entries over the half year, i.e. an internal workforce of 1,557 employees at the end of June 2017.

For the Services activity, the solid momentum seen during the half year on digitalisation projects benefited all sectors. The Banking sector (33.8% of turnover) remained the main contributor to turnover, the Industry sector (26.9% of turnover) maintained its relative share and the Services/Transport and Insurance/Pensions sectors continued to account for 22.4% and 13.3% of turnover respectively.

In the 2nd quarter, turnover for the Software activity increased by 11.9% to €2.24 million, with royalties up at €1.39 million. Several trials and POC are currently underway for Infotel brand products such as Arcsys and Infoscope, as well as for distributed software such as zCost and Correlog.

Confidence for 2017

The 1st half fuels the Group’s optimism for the remainder of the year, with growth and profitability objectives maintained.

Publication of H1 results – September 20, 2017 after the market
Investors’ meeting: September 21, 2017 (noon)

About Infotel

Listed on Compartment B of Euronext Paris since January 1999 (ISIN code FR0000071797) Infotel is the Specialist of large accounts information management systems, from mobile to very large volume databases (Big Data). At the forefront of technological innovations, Infotel develops its expertise around two complementary poles: computer services and software editing. With over €190.6 million turnover in 2016 Infotel has a staff of over 2,000.



Automatic process of loan request and the simplification of KYC "Know Your Customer".


  • Improvement of KYC and the onboarding of new clients with automatic identity verification thanks to intelligent ID document processing on the web or in an application.
  • Acceleration in the dealing with requests for loans and mortgages: process and automatic classification of new documents, extraction of information and validation of data points.
  • Fraud prevention and respect of rules: automation of compliance requirements on contracts, financial documents and ID documentation.
  • Easing and simplification of the consumer spending comprehension: classification of bank transfers from the study of receipt and invoice item data.


Automated process of scientific papers and other documentation linked to the registering of a patent for intellectual property.


  • Recognition and automatic indexation of fields for a precise search among the documents relating to the patent application.
  • Standardisation of the documents with online specifications: bibliopraphy, expired patent, renewed patent, etc.


Automatic processing of receipts, bills and other financial documents.


  • Automisation of the accounting process: declaration of VAT, supplier bills, etc.
  • Standardisation and harmonisation of the business accounting processes.
  • Improving data security with the deletion of manual errors and with the synthesising of controls.
  • Contribution to the reduction in fraud risks, à la réduction des risques de fraude, reinforcement of operational security, audit trails and internal controls.
  • Support in the change management and accounting teams on the appropriation of this new solution.