ALTRAN TECHNOLOGIES: Q3 2019 sales in line; outlook remains positive | BUY | EUR17 (+19%)
ALTRAN TECHNOLOGIES - BUY | EUR17 (+19%)Q3 2019 sales in line; outlook remains positive
Q3 2019 revenues in line with our expectations
Growth driven by Italy, Spain and France, while Germany suffers
Net staff hiring still close to its peak
Management keeps positive outlook despite some headwinds
The public takeover by Capgemini is in the judge’ hands
Altran Technologies is a global player in the advanced engineering and innovation consultancy market, operating in more than 20 countries, particularly in Europe, Asia and North America. Co. advises and accompanies clients in creating and developing new products and services, intervening during the strategic planning stages of new technologies and offering products support and services throughout all developmental phases. Co. offers its consulting services as technical backing, project support and end-to-end services, providing deliveries of customized products. Co. operates in two segments: Innovation and Advanced Engineering Consulting and Organization and Information Systems Consulting.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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