AI assistant
Alten — Earnings Release 2010
Nov 9, 2010
1103_10-q_2010-11-09_34fb5b6b-8c86-4e73-841c-379d693d0803.pdf
Earnings Release
Open in viewerOpens in your device viewer
Press release Paris, 9 November 2010
ACTIVITY AT THE END OF SEPTEMBER 2010: +4.6% VIGOROUS ORGANIC GROWTH
| (€ millions) | Sept 2009 | Sept 2010 | Var. |
|---|---|---|---|
| Revenues of which France of which International |
641.1 445.9 195.2 |
670.8 464.4 206.4 |
+4.6% +4.2% +5.7% |
| Workforce | 11 370 | 12 100 | +6,4% |
ACTIVITY AT THE END OF SEPTEMBER 2010:
Growth continued to accelerate in the third quarter of 2010:
- Activity improved by 4.6% at the end of September. On a like-for-like basis, activity rose by 5.5% (5.2% in France; 6% in international business). Excluding exchange-rate effects, activity improved by 5%.
- The acceleration in organic growth noted in the second quarter was further confirmed in the third at +11.6% (10.3% in France; 14.6% in international business). Excluding exchange-rate effects, organic growth amounted to 11%.
- The most dynamic sectors remained avionics, automobile and energy.
- Alten also accelerated its recruitment drive to deal with demand: 400 staff joined the group in the third quarter (net increase).
- The activity ratio remained satisfactory, around 93%.
OUTLOOK FOR 2010
Activity remains firmly on track in the fourth quarter. Alten has therefore confirmed its organic growth target at over 5% for 2010.
As the European Leader in Technology Consulting and Engineering, ALTEN carries out design and research projects for the technical and IT divisions of major clients in industry, telecoms and services. ALTEN's stock is listed on 'compartiment B' of the Euronext Paris stock exchange (ISIN FR0000071946). It is part of the SBF 120, the IT CAC 50 and MIDCAP 100 indexes, and is eligible for the SRD.
Technology Consulting and Engineering
For more information: www.alten.fr Contact: Matthieu Roquet Montégon 06 16 92 80 65