Infotel SA (FR:INF) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Infotel SA showcased resilience in H1 2024 with a revenue of €149.2 million, a slight decrease of 5.9% from the previous year, amidst a challenging market. The company reported a solid current operating margin at 7.8% and a net margin rate of 5.3%, with notable recovery signs in the Banking/Finance sector and successes with its Orlando software suite. Despite market uncertainties and a drop in activity rate, Infotel maintained a robust balance sheet with no financial liabilities and substantial cash reserves.
For further insights into FR:INF stock, check out TipRanks’ Stock Analysis page.
