Infotel - Towards a return to normal after the Q2 slowdown
Infotel's growth stalled in Q2 due to budget cuts in the banking sectorOperating profitability in H1 was adversely affected by the resulting intercontract, as well as the cost of the new free share plan and the unfavourable calendarHowever, the erosion of EBIT margin (excluding free shares) was limited to 30bps, and the Group's performance remains among the best in the sectorThe digital services market is less euphoric, but is still growing, and the intercontract at Infotel has been absorbedThe offshore offering (India and Morocco) and software for the aerospace industry are proving highly successful, reinforcing our confidence in a returnInfotel is a group of consulting companies and a global software vendor. The Group has developed a complete service offering and a range of software for enterprise servers. Co. provides consultancy, analysis, IT system audits, third-party application maintenance and software testing solutions. Co. designs and implements, as service contracts or service desk, management projects by implementing advanced methods and technologies, from mobile technology to databases. Co. has developed software to assist customers in areas such as DB2® (security, performance and management), data management and archiving, web-enables or quality applications and relational database performance.
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