INFOTEL (EPA:INF) - Infotel : Strong growth in Q3: +10.3%. 9 months revenue: +8.9%.

Transparency directive : regulatory news

25/10/2017 17:40

Euronext B - ISIN: FR0000071797
Reuters: ETOF.PA - Bloomberg: INF FP

Press release
Bagnolet, October 25, 2017

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

Turnover                                             % var.
(in EURm)                        2017       2016    2017/2016

Q1 (January - March)             52.7       47.1     + 11.8%
Q2 (April - June)                50.6       48.3      + 4.9%
Q3 (July - September)            49.0       44.4     + 10.3%
Services                         46.8       42.4     + 10.4%
Software                          2.2        2.0      + 7.8%
9 months                        152.3      139.8      + 8.9%
Services                        145.8      133.6      + 9.1%
Software                          6.5        6.2      + 5.2%

Persistence of a good level of growth over 9 months

In the third quarter of 2017, Infotel posted only organic growth of 10.3%,
despite an unfavourable 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 earned 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 during the quarter, a
total workforce of over 2,250 at the end of September 2017.

The Software division (4% of 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 specialises in large-account information management
systems, from mobile to very large volume databases (Big Data). Operating at
the forefront of technological innovation, Infotel develops its expertise
across two complementary divisions: IT services and software publishing. With
EUR190.6 million in turnover in 2016, Infotel has a staff of over 2,000.

Contacts

Infotel                                                                Actifin
Michel Koutchouk                                       Financial Communication
Vice President                                            Ghislaine Gasparetto
Tel.: +33 (0)1 48 97 38 38                          Tel.: +33 (0)1 56 88 11 11
michel.koutchouk@infotel.com                            ggasparetto@actifin.fr
                              www.infotel.com

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INFOTEL (EPA:INF) - Infotel : Strong growth in Q3: +10.3%. 9 months revenue: +8.9%.

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