Third quarter 2015 turnover

3rd quarter 2015 turnover:

Significant growth in Q3 and since the beginning of the year
Q3 2015 turnover: € 41.6 million | + 11.0%
Nine months 2015 turnover: € 128.1 million | + 13.0%

Bagnolet, October 28, 2015

20152014Δ 2015 / 2014
1st quarter44.139.1+ 12.9%
2nd quarter42.336.8+ 15.0%
3rd quarter41.637.5+ 11.0%
– Services40.235.6+ 13.0%
– Software1.41.9– 26,3%
Total 9 months128.1113.4+ 13.0%
– Services122.5108.0+ 13.5%
– Software5.55.4+ 2.9%

Strong operations in Q3 2015

Infotel publishes a turnover of € 41.6 million in Q3 2015, an increase of 11.0% compared to the third quarter of 2014. Over the first nine months of the year, turnover totaled to € 128.1 million, showing a fully organic growth of 13.0%.

The Services division (95% of total sales) grew by 13.0% in the third quarter and 13.5% over the first nine months of the year. This performance reflects a level of activity always maintained for the entire Group, with new listings, particularly in the Banking, and the signing of new contracts for the implementation of information systems to mobile interface and processing databases.

The inter-contract rate is still very low at 1.5% on average in the third quarter. Recruitment is continuing in line with the dynamics recorded on the activity (255 new employees at the end of September 2015).

The Software division (5% of total sales) recorded a turnover declined this quarter to € 1.4 million, related to strong seasonal sales licenses. In the first 9 months of the year, Software generated a turnover of € 5.5 million, up 2.9%. The Group continues to develop new partnerships for the commercialization of software.

The Group remains confident of achieving its sales and profitability targets for the year.

Next event:
Publication of 2015 annual turnover: January 27, 2016 (after market close)

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 1,800.