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Turnover for H1 2008: + 10.0% at € 44.3 M (on a like-for-like basis)

Turnover for H1 2008: + 10.0% at € 44.3 M (on a like-for-like basis)

Bagnolet, 30 July 2008

In €M, at 30 JuneH1 2008H1 2007Δ H1.2008 / H2.2007
Q122.921.0+ 9.2%
Q221.420.1+ 6.3%
Total Turnover44.341.1+ 7.8%
Total turnover on a like-for-like basis*44.340.3+ 10.0%
– where Services Turnover41.537.9+ 9.7%
– Services turnover on a like-for-like basis*41.537.0+ 12.1%
– where Software Turnover2.83.3– 14.1%

 * sale of Odaxys Consulting end of 2007: turnover of € 0.82 M in H1 2007

GOOD PERFORMANCE IN SERVICE ACTIVITY: € 41.5 M, +12.1% ON A LIKE-FOR-LIKE BASIS

The Services activity grew 12.1% on a like-for-like basis during the first half. The demand in service desks and AM continues to be strong.

Several new important contracts were signed at the end of the first half, notably with the PSA group, pointing to a strong increase during the second half of the year.
Inter-contracts continue to be at a low level, and recruitment continues thanks to training sessions for young IT technicians.

THE SOFTWARE ACTIVITY SUFFERS FROM THE LOW DOLLAR: € 2.4 M, 14.1%

The royalties are still affects by the weak US dollar. The prospecting of archiving solutions and new software continues.

FORECAST

Reconciliation statements inspire hope of the conclusion of an operation in the coming months.

Next meetings:
Publication of H1 2008 results: 29 August (after trading)
Analyst meeting: 18 September, morning 

About Infotel

Listed on Compartment C of Euronext Paris since January 1999 (ISIN code FR0000071797), Infotel is positioned at the forefront of technology innovation for companies, offering database and web application solutions. Infotel develops its expertise around two core divisions: IT services and high-tech software. In 2008, Infotel achieved a turnover of € 84.4 M.

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.