Altran Technologies : H1 2018 results: performance in line, but disappointing FCF
>Deceleration in France, acceleration in Americas - Altran’s Q2 18 results, reported yesterday morning, were broadly in line with expectations. Q2 2018 revenues came in at € 747m (consensus € 743m - Oddo-BHF € 741m), with y-o-y economic growth of 4.9%, in line with Q1 (+5.3%). Although we see no major shift in trends, it is worth highlighting that France continues to slow, at +3.1% in terms of economic growth, vs +5.4% in Q1 and +6.3% in Q4 17). In contrast, the Ameri...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.
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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