Posted Jan 27, 2023, 8:00 AM
It is not rewarded! The title Infotel gained with difficulty 0.35%, to 57.40 euros, Thursday, which brings to 4% its increase since the 1is January, twice less than the Cac 40. Why are investors choosy? Perhaps because fourth quarter billings, although 1.1% above consensus, are showing a slowdown: the rise was reduced from 14.9% following nine months of activity to 11.4% during the quarter of 2022. This is nonetheless the seventh consecutive quarter of double-digit growth for the IT services company. Few companies might boast of such a performance. Above all, Infotel crosses for the first time in its history the bar of 300 million euros in annual turnover. It reached exactly 300.2 million, up 14% year on year. ” This performance is twice the growth forecast for the sector at +7.5% for 2022 “, does not fail to point out Infotel. ” Beyond this symbolic figure, we can only retain positive things from this publication.estimates the analyst of the cabinet Portzamparc. The Industries sector (Airbus, Stellantis) has regained and even greatly exceeded its pre-pandemic level, which makes it possible to definitively close the Covid parenthesis. In a business under pressure, Infotel has managed to expand its teams. If the company only communicates on gross recruitments, excluding departures, indicating that it made 636 last year, once morest 474 in 2021, the Portzamparc analyst underlines that Infotel has returned to a dynamic of net recruitments. ” The workforce at the end of December is up 15% over one year, whether overall (with subcontractors in FTE) or only for interns. The salaried workforce also increased by 4% sequentially (compared to the end of September) “, he wrote in a note to his customers. Other good news, the inter-contract rate, which measures the share of engineers not billed between two projects, remained very low, with a ratio of 0.9%.