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Very strong activity in Q4 2014

Very strong activity in the last quarter:

Revenue Q4 2014: € 43.6 million | +15.7%
Annual turnover 2014: € 157.0 million | +10.0%

Bagnolet, January 28, 2015

20142013Δ 2014 / 2013
1st quarter39.137.1+5.3%
2nd quarter36.834.5+6.5%
3rd quarter37.533.3+12.5%
4th quarter43.637.7+ 15.7%
– Services41.835.8+ 16.6%
– Software1.91.9– 1.2%
Annual turnover157.0142.7+ 10.0%
– Services149.8134.5+ 11.4%
– Software7.28.2– 11.6%

Very high activity in 4th quarter

Infotel announces a turnover of € 43.6 million in Q4 2014, up 15.7% from the fourth quarter of 2013. For the full year, sales totaled € 157.0 million against € 142.7 million in 2013, representing an annual fully organic growth of 10.0%. The Group demonstrates, in a quasi-stable market, the relevance of its offer and its strategy of reinforcing its positions within its customers.

The Services division (95% of total sales) posted a growth of 11.4% over the full year, with a continuous increase over the year and of 16.6% in the fourth quarter alone. This excellent performance is linked to a very strong activity in service centers, particularly in the Banking and Services sectors.

The inter-contract rate remains low at 1.6% in the last quarter and spring for the full year to 1.9%. The Group continued the integration of new engineers in the last quarter with 222 additional recruits for the entire year, bringing the workforce to 1,233 at the end of 2014.

The Software division (5% of total sales) posted Q4 sales of € 1.9 million, equivalent to sales in the last quarter of 2013. For the year, revenues amounted to € 7.2 million, down 11.6% compared to 2013, with an amount of royalties of € 3.9 million against € 4.6 million in 2013. The Group continues to pursue its efforts to forge new partnerships to distribute its software.

This high level of activity reinforces Infotel in its aim to achieve in 2014 an operating margin above 10% of turnover.

Upcoming events:
Annual results 2014: March 26, 2015 (before market)
Analyst meeting: March 26, 2015 (8:30 am)

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 1,600.



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


  • 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.


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


  • 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.


Automatic processing of receipts, bills and other financial documents.


  • 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.