(AOF) – In the first half of 2022, Infotel’s net income amounted to 9.8 million euros, up 54.7%. Current operating income came to 14.1 million euros, up 38.1%, benefiting from good cost control. The current operating margin amounted to 9.5% of revenue, compared to 7.9% in the first half of 2021. The specialist in the digital transformation of large accounts in Europe recorded growth of 15.6% entirely organic at 149.3 million euros.
As of June 30, 2022, the group has no financial debt. Cash at the end of the first half of 2022 stood at €94.8 million.
In a very buoyant commercial context and with an offer in line with market needs, Infotel is confident in the second half of 2022 in the pursuit of sustained growth and in achieving a current operating margin at least equal to that of the first half, in accordance with its 2026 strategic plan.
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Maximum staff turnover
Companies in the IT services sector have seen the departure of more than 20% of their workforce in twelve months. This trend is not unusual in the sector, but it is reaching an unprecedented scale, in a context of strong growth and good recruitment dynamics. In addition, employees have new requirements and aspirations. The main criterion is the flexibility of work and the way it is implemented in the company. The American-Indian company Cognizant saw around 35% of its 330,000 engineers leave the company in one year. Capgemini, grouping 32,000 French employees, recently suffered its first strike since 2008, with a demand for a collective increase in remuneration.