Altran Technologies : Q4/FY 2019 results not so bad and positive message for 2020
>Q4 2019 sales a shade below expectations, Germany and UK the reason - Altran yesterday reported Q4 2019 sales slightly below expectations at € 844m (consensus: € 856m), reflecting total growth of 3.9% y-o-y. Economic growth reached 3.4%, reflecting a slight slowdown vs Q3 (+4.6%). The latter is linked to Europe (+2.7% economic vs +5.7% in Q3) and, especially, a sudden downturn in northern Europe (-9.6% vs +3.0% in Q3) - that management attributed to the UK due to Bre...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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