Alten: 2024 NP -20% at E186.4m

(CercleFinance.com) - Alten has announced 1.
8% sales growth to E4,143.3m (4.8% in France, 0.4% outside France).

Sales fell slightly LFL (-0.2%: (+4.8% in France and -2.6% outside France).

The Defence & Security, Civil Aeronautics, Rail and Energy sectors continue to make progress.

Operating profit from ordinary activities came to E376.5m, or 9.1% of sales (vs. E382.8m, or 9.4% of sales in 2023). Net profit came to E186.4m (-20% from E233.2m in 2023).

Due to the organic decline in Q4 2024 (-2.7%) and one less working day than in H1 2024, Alten began January with a 3.4% potential decline in activity compared with the average for 2024 (excluding acquisitions), it says.

For the moment, there are no signs of a recovery, but business does seem to be stabilising. The improvement in macroeconomic (lower interest rates) and geopolitical conditions should enable a return to growth in H2, management adds.


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