Alten : Crisis also expected to have lasting effects on outsourced R&D
>New points: activity rate at 75-78% in April, very gradual recovery subsequently, deterioration in IT activities, good resilience in Spain and Italy - At a conference call, Bruno Benoliel, deputy CEO of Alten, reiterated his H1 guidance for an organic contraction of around 9%, implying a drop in business of around 22% in Q2. He also provided some new information: After an activity rate which slid to 88% in Q1 (vs 93% in Q4), the preliminary data indicate 75-78% ...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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