BUSINESS IN FIRST QUARTER 2018

  • Sustained growth in France and abroad: +9.1% 
  • 3 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 UP +9.1% IN THE QUARTER ENDED MARCH 31ST 2018

Business grows by 9.1% in Q1 2018 reaching 7.7% in  France and 10.4% abroad; on a like‐for‐like basis and constant exchange rate, it increased by 8.5% (7.7% in France and 9.3% outside France). Restated for the number
of business days (‐1 working day in Q1) and at constant exchange rate, growth would have reached 10.2% (9.4%
in France and 11% abroad).

France sustains a robust growth rate in consistency with the increase recorded at the end of 2017.
Business abroad also grows sharply and more specifically in North America, Spain and Benelux.

All business sectors are growing: Aerospace, Defence & Security, Life Sciences and Rail/Naval experience sharp
growth.

EXTERNAL GROWTH: 3 ACQUISITIONS OUTSIDE FRANCE

ALTEN is consolidating its positions abroad and has carried out 3 acquisitions since the beginning of 2018:

  • 2 companies in Austria and Spain (annual revenue: €14M, 245 consultants)
  • 1 Company in China (annual revenue: €7M, 160 consultants)

OUTLOOK FOR 2018:

The beginning of 2018 shows that our activity remains well oriented in almost all geographical areas and business
sectors. ALTEN confirmed its main reference listings and acquired new ones mostly abroad. Assuming similar
economic conditions, ALTEN should achieve a satisfactory positive organic growth again.

 

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