Earnings Release • Apr 27, 2022
Earnings Release
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| € | Q1 | Q1 | YoY |
|---|---|---|---|
| million | 2021 | 2022 | change |
| Revenue | 681.1 | 894.6 | +31.3% |
| | 250.8 i.e. 36.8% | 298.2 i.e. 33.3% | +18.9% |
| Of which France | of total revenue | of total revenue | |
| | 430.3 i.e. 63.2% | 596.4 i.e. 66.7 % | + 38.6% |
| Of which International | of total revenue | of total revenue |
The dynamic growth of last year's second semester is still strong at the beginning of 2022; business growth reaches 31.3% in Q1 2022 (18.9% in France and 38.6% overseas). On a like‐for‐like basis and constant exchange rate, business reaches 20.7% (14.9% in France and 24.2% overseas).
All business sectors are growing and more specifically the Financial/Services and Electronics sectors, along with the Automotive and Civil aeronautics sectors which were deeply impacted by the Health Crisis and are currently spurred by a dynamic for recovery.
Most of geographical areas have a strong organic growth exceeding 20%. Only Scandinavia and Switzerland have a growth below 10%.
ALTEN has finalised 3 acquisitions in 2022:
The beginning of 2022 follows the path of H2 2021. Business will grow depending on the evolution of the health situation, as well as geopolitics and macroeconomics, all in very unstable environments.
Provided unchanged conditions, ALTEN should achieve a satisfactory organic growth and further develop its strategy of targeted external growth.
Q2 2022 Revenue: Press release to be published on July 27th, after market release
For more information: www.alten.com/investisseurs / Journalists' details: [email protected]
As a European Leader in Engineering and Technology Consulting (ETC), ALTEN carries out design and research projects for Technical and IT divisions of major clients in industry, telecoms and services.
ALTEN's stock is listed in compartment A of the Euronext Paris market (ISIN FR000001946); it is part of the SBF 120, the IT CAC 50 index and MIDCAP100, and is eligible for the deferred Settlement Service (SRD).
Paris, April 27th 2022 5:40pm
Appendix to Press Release:
The ALTEN Group uses alternative performance measures especially selected to follow up on its operational activities. The Group has chosen these measures as they supply additional information allowing the users of periodic financial information to have a comprehensive understanding of the Group's performance. Such alternative performance measures are complementary to IFRS standards.
Growth on a like‐for‐like basis (and constant exchange rate) is calculated excluding the effects of exchange rate variations and the variations of the consolidation scope on a chosen period.
Exchange rate impacts are measured by converting the revenue of the period with the average exchange rate from the previous period.
Scope variation impacts are measured excluding acquisitions, revenue of the period and for transfers, revenue of the previous period, in order to create a scope which is identical to the previous period. This alternative measure enables to identify the real performance of the Group in terms of activity on the chosen period.
This alternative measure enables to identify the real performance of the Group in terms of activity on the chosen period.
| €M | Q1 2021 Revenue |
Q1 2022 Revenue |
% Change |
|---|---|---|---|
| €M | 681.1 | 822.3 | 20.7% |
| Revenue on a like‐for‐like basis | 250.8 | 288.1 | 14.9% |
| France | 430.3 | 534.2 | 24.2% |
| International | 61.5 | 9.0% | |
| Scope variation | 10.1 | 4.0% | |
| France | 51.4 | 11.9% | |
| International | 10.8 | 1.6% | |
| Exchange rate impact | ‐ | ‐ | |
| France | 10.8 | 2.5% | |
| International | 681.1 | 894.6 | 31.3% |
| Group revenue | 250.8 | 298.2 | 18.9% |
| France | 430.3 | 596.4 | 38.6% |
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