Infotel : 2023 results in line. Recovery in business still seen in H2
>Contraction in 2023 earnings but broadly speaking close to expectations - Infotel reported 2023 results that were broadly in line with our expectations. On full-year sales (already reported) of € 307.5m, showing organic growth of 2.4%, underlying EBIT came to € 27.5m excluding free share allocation costs, down -7.7% (vs ODDO BHF estimate € 27.9m). This points to an adjusted underlying operating margin of 8.9% (excluding free share allocations), or a fall of 100 bp y-...Infotel 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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.