Infotel: 16% decline in half-year net income

(CercleFinance.com) - For the first half of 2024, Infotel has reported a 15.
7% decline in net income (group share) to eight million euros, and a 1.4 point drop in operating margin before non-recurring items (excluding bonus shares) to 7.8%.

The company posted sales of 149.2 million euros, down by a contained 5.9%, in a less favorable sector context that temporarily altered the activity rate, combined with an unfavorable calendar effect.

In a sector context that remains wait-and-see, the outlook for the second half of the year looks more favorable", says Infotel, which anticipates a recovery in business and an improvement in current operating profitability.

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