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Q3 2019 turnover

3rd quarter 2019 turnover: €60.3m, + 8.3%

9 month turnover: €182.7m, + 6.9%

Bagnolet, October 23, 2019

Turnover
(in €m)
20192018% var. 2019 / 2018
Q162.958.8+6.9%
Q259.556.4+5.5%
Q3 60.355.7+8.3%
– Services57.753.5+7.9%
– Software2.62.2+18.6%
9-month total182.7170.8+6.9%
– Services176.0164.2+7.1%
– Software6.76.6+1.7%

Robust performance recorded in Q3

Infotel posted revenue growth of 8.3% in Q3, in a market growing at an average rate of 4.2% in 2019. Both of the Group’s business lines recorded growth over the period.

Services contributed 96% of total turnover, delivering growth of 7.9% over the quarter, with record-breaking sales figures in September and a sharp uptick in recruitment. In September alone, Infotel hired 101 people overall (46 net) taking its total headcount to 2,624 at 30 September 2019.

Top-line growth continues to be driven by digitalisation and the broadening in functionalities towards greater mobility. During the quarter, the Group chalked up new clients and renewed contracts for the opening of service centres across all business sectors.

Software sales totalled €2.6m in Q3 2019, up 18.6%, with IBM accounting for some €1.5m in royalties.
Infotel is pushing ahead with commercial prospection for the Orlando software solution, with hopes for new licence signatures before the end of the year.

In light of these extremely good results, Infotel is upbeat on its ability to meet its targets for 2019, outpacing growth in the market and maintaining a high level of operating profitability.

Upcoming event:
Q4 2019 revenue: 22 January 2020 after market close.

About Infotel

Listed on Compartment B of Euronext Paris since January 1999 (ISIN code FR0000071797), Infotel specialises in information management systems for major accounts, from mobile to very high-volume databases (Big Data). Operating at the forefront of technological innovation, Infotel develops its expertise across two complementary divisions: IT services and software publishing. Infotel posted revenue of €231.7 million in 2018and 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.