Infotel is down 2% following the publication of net income, group share, down 11% to 18.1 million euros for 2023, with recurring operating margin down one point to 8.9% of sales.

The year was marked by a less buoyant economic environment and a slowdown in investment in the banking sector from the second quarter onwards, resulting in annual sales growth of 2.4% to 307.5 million.

At the AGM on May 22, the Board of Directors will propose payment of a dividend of two euros per share for 2023. For 2024, Infotel anticipates a stable first half, followed by a rebound in business in the second half.

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