Alten : Much more challenging year-end in 2024 because of automotive and aerospace. Alten set to see a fall in activity in 2025
>Q2 2024 revenues slightly lower than expected due to auto and aerospace - Alten yesterday evening reported Q3 revenues of € 1,009m, stable y-o-y in organic terms, and close to expectations (ODDO BHF: € 1,017m up 0.9%: css: € 1,015m, growth of 0.6%). France still showed a robust performance (+5.9% organic), admittedly helped by a very positive calendar effect. Stripping out the calendar effect, growth was 2.9%, slower than in Q2 (+5.4% organic), penalised by the stron...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).
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.
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