Infotel SA (FR:INF) has released an update.
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Infotel SA, a key player in digital transformation, reported a modest turnover decline of 5.8% in the first half of 2024 amidst a challenging market, showing the resilience of its business model. The company saw mixed sectoral performances, with the Banking/Finance sector decreasing, Industry sector holding steady, and Services/Transport sector growing. Forward-looking, Infotel anticipates a rebound in the second half of the year, bolstered by recent AI investments, strong recruitment, and new business in software and cloud infrastructure.
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