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Growth in revenue in Q1 2019: +6.9%

Growth in revenue in Q1 2019:

+6.9%

Bagnolet, 29 May 2019

Revenue
(in € million)
20192018% Change 2019/2018
Q162.8558.79+6.9%
– Services60.6056.507.2%
– Software2.252.29– 1.7%

First quarter growth driven by Services

Infotel posted organic growth in revenue of +6.9% in the first quarter of 2019, outperforming the Syntec Numérique forecast of average market growth of 3.9% for the current year.

The Services division expanded by 7.2% in the first quarter, continuing its growth despite there being one less business day than in 2018. The Banking sector (36% of revenue) remained strong, followed by the Manufacturing sector (28% of revenue), which expanded, and Services, which accounted for nearly 22% of total revenue.

First-quarter revenue included €0.6 million for Coach’Is. The synergies planned are getting off to a good start with, in particular, large opportunities to develop our know-how in the management of motorway networks.

Software activity was almost stable with revenue of €2.25 million, including €1.37 million related to royalties from IBM.

Infotel is pursuing an active canvassing strategy in Europe and the United States for the sale of Orlando and its other software solutions (Arcsys, IdbA, DB/IQ).

With 130 gross new hires over the period, the total headcount stood at nearly 2,545 persons at end-March 2019. The inter-contract rate remained low at an average of 2.3% for the quarter.

Confidence for 2019

The first quarter is in line with the Group’s growth and profitability targets for the year. Today’s General Meeting confirmed the payment of a dividend of €1.60 per share.

Upcoming event:
Second quarter 2019 revenue: 24 July 2019

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. Infotel posted revenue of €231.7 million in 2018 and employs over 2,500 people.

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.