Alten has published sales of 1,067 ME for Q1 2024, up 3.1% on Q1 2023 (+0.8% on a like-for-like basis).
In detail, sales rose by +6% in France (354 ME) and by +1.6% internationally (712 ME), or by +6% and -1.7% respectively on a constant data basis.
Alten reports that the Defense & Security, Civil Aeronautics, Automotive and Rail sectors continue to grow satisfactorily.
According to Alten, the first half of 2024 should confirm the slowdown in activity seen since mid-2023, before a probable improvement from September/October 2024.
Despite an unfavorable macroeconomic environment, particularly in Europe, Alten is targeting 'satisfactory' organic growth in 2024, of around 3%.
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Alten is European's No. 1 high-technology consulting and engineering group. The group's services are supplied to technical departments and IT system departments at large industrial, telecom, and utility companies. The activity is organized into 3 areas:
- technology engineering and consulting services: studies, design, and execution of research and development projects for new products/systems, consulting services, project management assistance, etc.;
- development of network architectures: design of terminals and network equipment, deployment and operation of networks;
- development of information systems: implementation or redesign of information systems and development of specific applications.
Net sales break down by market into automotive and rail (20.9%), trade/services/media/public sector (18.4%), aeronautics and space (14.8%), industries (9.4%), banking/finance/insurance (9.1%), life sciences (8.3%), energy (7.3%), defense/security/maritime (6.5%) and telecoms (5.4%),
Net sales are distributed geographically as follows: France (31.9%), North America (11.9%), Germany (9%), Spain (9.1%), Asia-Pacific (7.9%), United Kingdom (7.7%) , Italy (7.7%), Benelux (5.6%), Scandinavia (4.4%), Eastern Europe (2.8%), Switzerland (1.5%) and others (0.5%).
ALTEN 
