- Strong organic growth: +12.0%
BUSINESS UP 16.9% AT THE END OF SEPTEMBER 2019
Business grows by 16.9% at the end of September 2019 both in France (12.3%) and abroad (20.7%). On a like‐ for‐like basis and constant exchange rate, business grows by 12.0% (12.3% in France and 11.7% outside France).
Business in Q3 grows by 15.8% (10.2% in France and 20.3% abroad). On a like‐for‐like basis, business grows by 10.9%. As compared to Q3 last year, Q3 2019 has benefited from one more business day and has therefore produced 1.4% of additional growth.
In France, organic growth remains sustained, reaching 10.2%. On an international level, business grows by 11.5%, following on H1 2019.
Outside France, Italy, Asia and North America experience sharp growth.
Following on this first semester, all business sectors are growing, more specifically Rail/Naval, Aerospace, as well as Defense/Security.
OUTLOOK FOR 2019:
Assuming similar economic conditions, ALTEN confirms it should achieve a satisfactory organic growth around 10% in 2019. ALTEN will also further develop its targeted strategy of external growth to accelerate its expansion, more particularly on an international level.
AGENDA
- Publication of Q4 2019 results : Wednesday, January 29th 2020
- Full‐year 2019 results: Wednesday, February 19th 2020
