Alten

ATE

Equity

ISIN FR0000071946 / Valor 991814

Euronext - Euronext Paris (2025-03-28)

EUR 91.25-3.44%

Alten
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About company

Alten is a leading global engineering and technology consulting company that provides innovative solutions to a wide range of industries. The company focuses on delivering high-quality services to its clients by leveraging its expertise in engineering, IT, and digital transformation. With a strong commitment to excellence and innovation, Alten has established itself as a trusted partner for businesses looking to enhance their technological capabilities and drive growth. In line with its expansion plans, the company has announced the recruitment of 4,500 new employees in France by 2024 to support its continued success in the market.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the first quarter of 2024, Alten reported a revenue increase of 3.1%. This growth was driven by a 6.0% increase in France, while overseas revenue grew by 1.6%. On a like-for-like basis and at constant exchange rates, the revenue growth was 0.8%, with France contributing 6.0% and overseas experiencing a decline of 1.7%.

Sector Performance

Alten's performance in the first quarter of 2024 was supported by continued growth in the Defence & Security, Civil Aeronautics, Automotive, and Railways sectors. Despite the overall slowdown in activity, these sectors maintained a satisfactory growth pace, contributing positively to the company's financial results.

Geographical Trends

During Q1 2024, Alten observed varying growth trends across different regions. France, Southern Europe, and Asia posted satisfactory organic growth, while Northern Europe, Eastern Europe, and North America recorded negative growth. This regional disparity highlights the challenges faced in certain markets.

External Growth

In the first quarter of 2024, Alten expanded its operations through an acquisition in Asia. The company acquired a firm specializing in software development in Vietnam and Japan, which has an annual revenue of €20 million and employs 950 consultants. This acquisition is part of Alten's strategy to enhance its global presence.

2024 Outlook

Alten anticipates a continued slowdown in the first half of 2024, with a potential improvement expected from September/October. Despite the challenging macroeconomic environment, particularly in Europe, Alten projects its organic growth to remain satisfactory at around 3% for the year 2024.

Summarized from source with an LLMView Source

Key figures

-32.5%1Y

-33.8%3Y

48.1%5Y

Performance

37.2%1Y

31.8%3Y

33.5%5Y

Volatility