- Strong growth in activity: +12.2%
- Sharp external expansion
- Six acquisitions overseas since 2017
BUSINESS UP 12.2% IN THE NINE MONTHS TO END‐SEPTEMBER 2017
Business has grown sharply by the end of September; similarly to H1 2017, organic growth is sustained and reaches 7% (up 5.8% in France and 8.1% outside France). The activity published at end‐September 2017 have two less business days than end‐September 2016. On a like‐for‐like basis and without a negative calendar effect, business would have grown by 8%.
Revenue in Q3 2017 reaches €469.0 M (€424.1 M in Q3 2016) up 10.6% despite a negative calendar effect (one less business day). On a like‐for‐like basis, organic growth equals 6.7% (5.8% in France and 7.5% outside France). Without a negative calendar effect, business would have grown by 7.4% in France and 8.9% outside France, hence confirming the dynamic growth experienced in H1 2017.
By the end of September 2017 all geographical areas have been growing – except the UK as it is still penalized by some difficulties in the Oil & Gas and Tertiary sectors. Organic growth is sharp in both North America ‐ currently 2nd top ranking zone, and Scandinavia.
Similarly to H1 2017, all business sectors in Q3 are growing – except Energy. The most dynamic sectors are Automotive, Aerospace and Life Sciences.
OUTLOOK FOR 2017:
Business at end‐September 2017 confirms the momentum of the previous quarters. Provided favorable economic conditions, ALTEN will achieve a strong organic development and business will grow by almost 7% as compared to 2016.