(AOF) – Infotel published a turnover down 5.6% to 79.1 million euros for the first quarter of the 2024 financial year. The Services activity of the specialist in the digital transformation of large accounts in Europe fell by 5.7% mainly due to reduced budgets in the banking sector. The Software activity fell by 4.9% to 3.2 million euros. The company’s general meeting approved the payment of a dividend of 2 euros per share. Payment will take place on May 31 after detachment of the coupon on May 29.
In terms of outlook, Infotel “remains optimistic about a return to growth for the second half of the year”.
The group will publish its turnover for the first half of 2024 on July 31 (after closing).
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