Infotel: quarterly sales down by less than 6

(CercleFinance.com) - Infotel reports a 5.
6% decline in sales to ?79.1 million for the first quarter of 2024, against a backdrop of a slowing market, which includes a one-day negative calendar effect as well as an unfavorable base effect.

"The service center business, which provides a high level of recurring revenue, has mitigated this wait-and-see situation observed among some of our major customers", moderates the specialist in digital transformation for key accounts.

Infotel adds that its AGM on Wednesday approved the payment of a dividend of two euros per share, to be paid on May 31, and that it remains 'optimistic about a return to growth in the second half of the year'.

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