BUSINESS IN FIRST HALF 2018: +11%

  • Strong organic growth: +10%
  • 5 acquisitions outside France


Please note the new IFRS 15 Revenue from Contracts with Customers standards implemented in January 1st 2018 do not bear a significant impact on the information that have been published.

BUSINESS AS OF JUNE 2018: +11%

Business grows by 11% in H1 2018 reaching 8.4% in France and 13.3% abroad. Growth was penalized by one less
business day as compared to H1 2017, as well as an unfavourable exchange rate impact causing a negative effect
on activity of 2%. On a like‐for‐like basis and constant exchange rate, growth equals 10.0% (8.4% in France and
11.4% outside France).

Business grows by 12.9% in Q2 2018 (9.0% in France and 16.3% abroad). On a like‐for‐like basis, business
increases by 11.4%. Organic growth remained sustained this quarter in France (+9%) whilst it sharply increases
abroad (+13.5%), as compared to Q1 2018.

Organic growth exceeds 10% in all geographical areas – with the exception of Germany.

Again, following on Q1 2018, all business sectors are experiencing a positive growth – more particularly
Aerospace, Defence & Security, and Rail/Naval.

EXTERNAL GROWTH: 5 ACQUISITIONS OUTSIDE FRANCE

ALTEN is consolidating its positions abroad and has carried out 5 acquisitions in 2018:

  • 2 companies on the Germany/Austria perimeter (annual revenue: €15.5 M, 175 consultants)
  • 2 companies in Spain (annual revenue: €27.5M, 570 consultants)
  • 1 company in China (annual revenue: €7M, 160 consultants)

OUTLOOK FOR 2018:

Assuming similar economic conditions, Alten should achieve a satisfactory organic growth in 2018, consistent with
the one of first half 2018. Alten will also strengthen its targeted strategy of external growth to further accelerate
its expansion, more particularly abroad.

 

Click here to download the Press Release: ALTEN Business in First Half 2018