Infotel (INF) Q2 2026 TU earnings summary

Executive summary

• Revenue grew by 10.4% in Q2 2026, accelerating from 8.6% growth in Q1 2026.

• All business segments contributed to the strong performance in the first half of 2026.

• Workforce expanded by 215 employees, reaching 3,581 globally.

Financial highlights

• H1 2026 revenue reached €160.3m, up 9.5% year-over-year from €146.4m.

• Services revenue grew 7.0% in H1 2026; Software revenue surged 57.6% to €11.1m.

• IBM royalties rose to €5.58m in H1 2026 from €3.13m a year earlier, driven by strong US sales.

Outlook and guidance

• Annual growth target for 2026 is set above 5%, reaffirmed despite geopolitical uncertainties.

• Positive outlook for the second half of 2026, with international expansion expected.