Report
Nicolas David

Alten : Greater caution on the auto and aerospace sectors and lack of visibility on the recovery in growth

>H1 results under control in a challenging context - The H1 2024 results published on Thursday evening and detailed on Friday morning contained few surprises after the indications already given at the Q2 sales release in July. The operating margin on activity was down -80bp, with -30bp reflecting the unfavourable calendar effect. The balance mainly reflects the -60bp y-o-y decline in the utilisation rate and (non-billable) investments made to structure the group’s int...
Underlying
Alten SA

Alten is a holding company. Through its subsidiaries, Co. operates in three areas: Engineering and Technology Consulting (ETC), Telecoms Networks and Multimedia, and Information Systems (NTIS). Through the Engineering and Technology Consulting (ETC) segment, Co. studies and designs technology products for technical divisions in industry and telecoms. The Telecoms Networks and Multimedia segment focuses on Product design, Architecture, deployment, and operation of networks. Lastly, the IT systems segment comprises Applications and software development, and Infrastructure and Telecoms (Applications, systems and networks Corporate telecommunications).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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