on INFOTEL (EPA:INF)
Infotel Reports Solid Financial Results for 2024
Infotel, a leading partner in digital transformation, announced its full-year 2024 results. Revenue declined by 4.1% to €294.8m, driven by a 4.9% dip in Services, despite a 15.6% growth in Software. The recurring operating margin rose to 9.3%, up from 8.9% in 2023, and the net margin improved to 6.3% of revenue.
The Software sector, notably the Orlando suite, performed well with more than 50 airlines adopting the solution. Despite challenges, Infotel maintained profitability with robust workforce management and strategic investments in AI. A dividend of €2 per share is proposed for fiscal 2024, reflecting confidence in future prospects.
In 2025, slight growth and continued profitability are expected, with the Banking/Insurance sector showing recovery signs, although challenges persist in Aeronautics/Automotive.
R. E.
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