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2018 H1 Turnover: +11.5%

H1 activity: €115.16m, +11.5%

Bagnolet, 25 July 2018

201820172018 / 2017 in %
Q1 (January – March)58.7952.70+11.6%
Q2 (April – June)56.3750.62+11.4%
– Services54.0448.39+11.7%
– Software2.332.24+4.2%
Total H1115.16103.33+11.5%
– Services110.5498.98+11.7%
– Software4.624.35+6.3%

Another fine performance

In line with first-quarter trends, Infotel chalked up an 11.4% increase in revenues in Q2, fuelled solely by organic growth.

Total revenue for the first half of the year came to €115.16m, up 11.5%. Growth was driven by strong contributions from the Services division.

Revenues from Services grew by 11.7% in the second quarter and over the first-half period, with the anticipated ramp-up in service centers dedicated to our clients’ digital transformation projects. The Banking sector remains Infotel’s main field of expertise.

The UK-based subsidiary, Infotel UK Consulting Ltd, has been taking advantage of new opportunities at Nissan, Virgin Money and BNP Paribas, leading to synergies with our French operations.

The intercontract rate remained under control at 1.8% over the first-half period, with 214 gross new recruitments recorded since 1st January.

In the second quarter, the Software division reported revenue growth of 4.2% to €2.33 million. Over the first half of the year, the Software division recorded revenue of €4.62 million, up 6.3%, with IBM royalties at €2.84 million, compared with €2.68 million in the first half of 2017.

The Orlando software solution once again brought in new business, with the signature of two major contracts, at Air France and Air Transat.

Confident outlook for 2018

In light of this fine first-half performance, the Group is on track to meet its growth objectives, thanks to a steady pace of activity. Operating margin for the period will reflect investments in an ambitious training policy that will enable us to meet our clients’ digital transformation needs ever more effectively.

Publication of H1 results on 19 September 2018 after market close
Presentation to investors on 20 September 2018 (Lunch time)

About Infotel

Listed on Compartment B of Euronext Paris since January 1999 (ISIN code FR0000071797) Infotel is specialised in key account 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 business lines: computer services and software editing. Infotel posted revenue of €209.3 million in 2017 and employs over 2,500 people.



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.