Infotel: well oriented after its annual results

(CercleFinance.com) - Infotel gained nearly 3% after reporting a 2.
3% increase in net income (group share) to 18.5 million euros for 2024, with a 0.3 point improvement in recurring operating margin to 8.4%, despite sales down 4.1% to 294.8 million euros.

At the AGM on May 27, the IT services company's Board of Directors will propose payment of a dividend of two euros per share for 2024, 'reflecting management's confidence in the Group's prospects'.

Against this contrasting general backdrop, the sales target of 380 million, initially set for 2026, can only be achieved through external growth, but the target of a current operating margin of 10% by this date remains unchanged.

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