INFOTEL (EPA:INF) - Infotel : Excellent business in 2018 : +10.7%. 2018 revenue : €231.7m. Q4 2018 revenue : €60.9m.

Transparency directive : regulatory news

23/01/2019 17:45

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

Press release

Bagnolet, January 23, 2019

                     Excellent business in 2018: +10.7%

                          2018 revenue: EUR231.7m
                         Q4 2018 revenue: EUR60.9m

Revenue
(in EURm)               2018          2017         % change
                                                   2018/2017
Q1                       58.8          52.7          +11.6%
Q2                       56.4          50.6          +11.4%
Q3                       55.7          49.0          +13.7%
Q4                       60.9          57.0           +6.7%
Services                 59.3          55.4           +7.0%
Software                  1.6           1.6           -4.1%
Total annual revenue    231.7         209.3          +10.7%
Services                223.3         201.2          +11.0%
Software                  8.4           8.1           +2.8%

Infotel published a revenue growth of +10.7% to EUR231.7m for full-year 2018,
versus +9.8% in 2017. This performance was driven entirely by organic growth.

An excellent year for Services

Services generated a growth of +7% in Q4 2018, drawing on a substantial
comparison base effect (Q4 2017 growth of +14.7%), bringing full-year growth to
+11%.

Digitisation projects were the primary growth driver in all business sectors.
The Banking industry is the No. 1 target sector for Infotel teams and currently
accounts for more than 38% of the Services business. Industry comes out at 26%
and Transportation & Services more than 21% of the division's business.

New contracts have been signed in recent months, including a stronger
partnership with Air France, expanded business with the RATP and the roll-out
of new projects at Oney Banque.

Even in a tense hiring market, the Group added 451 new employees, with 1,673
employees at end-December out of a total of 2,406 people. The inter-contract
rate remained very low for the year at 1.8%.

Software saw its revenue pick up 2.8%, earning IBM royalties of EUR4.3m over
the full year. Lastly, the Group signed a licence contract with Mistral Air and
Israir to operate its Orlando software.

                            Upcoming events:
2018 annual results publication: March 6, 2019 after market close
               Analyst Meeting: March 7, 2019 - 11:30 a.m.

About Infotel

Listed on Compartment B of Euronext Paris since January 1999 (ISIN code
FR0000071797), Infotel specialises in information management systems for major
accounts, from mobile to very high-volume databases (Big Data). Operating at
the forefront of technological innovation, Infotel develops its expertise
across two complementary divisions: IT services and software publishing.
Infotel posted revenue of EUR231.7 million in 2018 and employs over 2,400
people.

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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26/04/2024 17:45

INFOTEL (EPA:INF) - Infotel : Excellent business in 2018 : +10.7%. 2018 revenue : €231.7m. Q4 2018 revenue : €60.9m.

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