Infotel (INF) H2 2025 earnings summary

Executive summary

• Revenue reached €294.0 million for 2025, a slight decrease of 0.3% year-over-year.

• Current operating margin remained strong at 9.2% of revenue.

• Restated net margin improved to 7.1% of revenue, with restated net income up 13% to €20.9 million.

• Dividend proposal maintained at €2 per share, reflecting confidence in future prospects.

• Launched a new strategic plan targeting €500 million revenue by 2030.

Financial highlights

• EBITDA increased by 6.2% to €36.2 million, representing 12.3% of revenue.

• Net cash position remained robust at €109.6 million, with no financial debt.

• Shareholders' equity stood at €123.1 million at year-end.

• Personnel expenses rose 1.5% to €132.2 million; external expenses decreased by 3.2%.

• Net income Group share was €16.2 million, down 12.4% year-over-year due to a one-time financial item.

Outlook and guidance

• Strategic plan aims for €500 million revenue and around 10% operating margin by 2030.

• Growth to be driven by organic expansion and targeted acquisitions in France and internationally.

• Focus on leveraging AI, expanding software offerings, and strengthening international presence.