Infotel SA (FR:INF) has released an update.
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Infotel SA has reported a slight decline in its first-quarter revenue for 2024, with a 5.6% drop to €79.1 million, attributed to a temporary slowdown in IT investments and budget cuts in the Banking sector. Despite the dip, the company secured several new projects, expects AI-related consulting missions to boost the second half of the year, and remains optimistic about growth prospects. Additionally, Infotel has announced a €2 dividend per share, payable at the end of May.
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