ALTEN Reports 2.6% Revenue Growth by September 2024

By the end of September 2024, ALTEN's revenue increased by 2.6%, with growth of 5.8% in France and 1.2% internationally. Organic growth stood at 0.6%. Sectors such as Defense, Security, Civil Aeronautics, Rail, and Nuclear showed continued growth. However, regions like Germany, Northern Europe, and the UK experienced declines, affecting the overall group activity negatively.

The outlook for 2024 reveals confirmation of a slowdown affecting most sectors, except Defense and Security and Nuclear. Despite the resilience in Civil Aeronautics and Automotive, recent cost-saving measures led to postponements and cancellations. The growth for the entire year is projected between -0.4% and -0.7%, with an estimated operating margin around 8.7%.