Alten : Q4 better than expected and positive message on growth in 2019
>Q4 organic growth ahead of expectations - Alten yesterday evening reported Q4 2018 sales of € 614m, up 16.7% in reported terms, with 13.7% on an organic basis and 12.5% in economic terms, i.e. 2% better than our expectations (Oddo BHF: € 600m, 12.0% organic, 10.4% economic). Growth thus remains at a very high level, on a par with previous quarters (+13.5% economic in Q3, +12.2% economic in Q2). In detail: France posted organic growth of 14.1% y-o-y org., ahead of our...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.