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Third quarter 2017 turnover

3rd quarter 2017 turnover:

Strong growth in Q3: +10.3%
9 months revenue: +8.9%

Bagnolet, October 25, 2017

Turnover
(in €m)
20172016% var. 2017 / 2016
Q1 (January – March)52.747.1+ 11.8%
Q2 (April – June)50.648.3+ 4.9%
Q3 (July – September)49.044.4+ 10.3%
– Services46.842.4+ 10.4%
– Software2.22.0+ 7.8%
9 months152.3139.8+ 8.9%
– Services145.8133.6+ 9.1%
– Software6.56.2+ 5.2%

Persistence of a good level of growth over 9 months

In the third quarter of 2017, Infotel recorded organic only revenue growth of 10.3%, despite an unfavorable number of working days. In the first nine months of the year, growth was 8.9%.

The Services division (96% of sales) posted an increase in sales of 10.4% for the quarter. In 9-month cumulated terms, growth amounted to 9.1%.

Digitalization remains the main driver of growth in all the business sectors in which Infotel operates and the Bank is still the leading business sector with significant new contracts won over the period.
The intercontract rate continues to be very low, at 1.6% on average over the quarter. The recruitment policy was very active this quarter with 82 new employees in September, a total workforce exceeding 2,250 at the end of September 2017.

The Software division (4% of total sales) recorded a significant amount of IBM royalties for $ 1.73 million. New sales on the various proprietary or distributed software should be completed by the end of the year.

Upcoming event:
Publication of Q4 2017 revenue: January 24, 2018 after market close.

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 €190.6 million turnover in 2016 Infotel has a staff of over 2,000.

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.