Turnover 2013: 6.3% to € 142.7 million

Turnover 2013: 6.3% to € 142.7 million

Annual growth above target

Bagnolet, January 29, 2014

Turnover (€ M)20132012Variation 2013 / 2012
1st quarter37.136.7+ 1,1%
2nd quarter34,532.0+ 7.9%
3rd quarter33.329.5+ 12.9%
4th quarter37.736.0+ 4.7%
– Services Q435.834.3+ 4.3%
– Software Q41.91.7+ 11.6%
Annual turnover142.7134.3+ 6.3%
– Services134.5127.3+ 5.7%
– Software8.27.0+ 16.8%

Very good level of activity throughout the year

Infotel publishes an annual turnover of € 142.7 million for 2013, an increase of 6.3% compared to 2012 and higher than the announced target of € 140 million. This performance is part of an overall IT services market down 0.3% (Syntec forecasts).

For the fourth quarter, the growth was 4.7% with an increase of 4.3% for Services and 11.8% for the Software business.

For the full year 2013, the Services division (94.3% of total sales) grew by 5.7%. Service centers continue to rise in all sectors.
The intercontract rate remains low and more than 70% of contracts are on a fixed price basis.

In the last quarter, Infotel has signed new contracts in the banking sector (BNPP, Banque de France, Caisse d’Epargne, …) and other sectors (PSA, European Patent Office , …).

The Software division (5.7% of total sales) grew 16.8% over the whole year and the level of royalties from IBM reached € 4.6 million. In the field of archiving, Infotel has made 60% of its turnover abroad.
Discussions for new contracts are underway but the decision-making process remains long.

Next event:
Publication of annual results 2013 & Financial Analyst Meeting: March 26, 2014 (morning)

About Infotel
Listed on Compartment C of Euronext Paris since January 1999 (ISIN code FR0000071797) Infotel is the Specialist of key account 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 publishing. With over € 142 million turnover in 2013 Infotel has more than 1,500 employees.