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Firsr quarter 2015 turnover

1st quarter 2015 turnover

Organic double-digit growth (+ 12.9%)
Solid growth in both activities: Services and Software

Bagnolet, May 20, 2015

Turnover (€ M)Q1 2015Q1 20142015 / 2014 in %
– Services41.7737.26+ 12.1%
– Software2.371.85+ 28.1%
Total March 3144.1439.11+ 12.9%

Growth in services and software

Infotel announces a turnover of € 44.1 million for Q1 2015, with an organic growth of 12.9%. The continuous development of the Services division over the period continues to demonstrate the ability of Infotel to exceed the IT industry growth estimates (+ 1.8% in 2015, Source Syntec).

The Services division (95% of total sales) posted revenues of € 41.7 million in Q1, up 12.1%. This increase reflects the regular pursuit of service centers openings, in particular an increase of the Bank sector and renewed vigor in the Insurance / Retirement sector.

Earlier in April Infotel announced the opening of a new subsidiary in the UK, near Newcastle, to support key accounts in the British market. The Group also opened a new office in Strasbourg with a proximity to local actors thus completing the densification of the territorial network.

Finally, the rate of inter-contracts remained very low, at around 2% throughout the quarter.

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

Confidence for 2015

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

The General Assembly today endorsed the payment of a dividend of 0.8 € per share, which payment date is scheduled for May 27, 2015.

Upcoming event:
Publication of turnover for the 2nd quarter 2015: July 29, 2015 (after market)

About Infotel

Listed on Compartment C 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 € 157 million turnover in 2014 Infotel has a staff of over 1,700.

banque

Bank

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

Features

  • 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.
Brevets

Patents

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

Features

  • 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.
Comptabilité

Accounting

Automatic processing of receipts, bills and other financial documents.

Features

  • 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.