- Strong organic growth in France and abroad: +11.4%
- 6 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 is released.
BUSINESS UP 13.5% AT THE END OF SEPTEMBER
Business grows sharply at the end of September 2018 both in France (10.3%) and abroad (+16.4%). On a likefor‐
like basis and constant exchange rate, business grows by 11.4% (10.3% in France and 12.4% outside France).
Growth has further accelerated in Q3 to reach 18.9% (14.3% in France and 22.8% abroad). On a like‐for‐like
basis, business grows by 14.5% (+14.3% in France and +14.6% abroad).
Organic growth exceeds 10% in all geographical areas – excluding Germany, although its organic growth is above
Following on H1, all business sectors are growing –with the exception of Oil & Gas. More specifically, Aerospace,
Defense & Security, Life Sciences and Rail/Naval experience sharp growth.
EXTERNAL GROWTH: 6 ACQUISITIONS OUTSIDE FRANCE
ALTEN is consolidating its positions abroad and has carried out 6 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)
- 1 company in India (annual revenue: €1.3M, 100 consultants)
OUTLOOK FOR 2018:
Thanks to a strong organic growth in Q3, ALTEN is now able to raise its expectations regarding business in 2018:
assuming similar economic conditions, ALTEN’s organic growth should exceed 10%.
ALTEN will also strengthen its targeted strategy of external growth to further accelerate its development, more
especially on an international level.
Click here to download the Press Release: ALTEN Business at the end of September 2018