Alten has published sales of 4068 ME for 2023, up 7.6% on 2022, with business up 10.2% in France and +6.4% internationally.
Operating income from ordinary activities came in at €382.8m (-8.8%), while net income, Group share, was down 49% at €233.2m.
On the other hand, FCF was up 23.5% at €183.7m.
'As anticipated, organic growth slowed during 2023, reflecting the normalization of the economy. This slowdown should be confirmed in the first half of 2024, before a probable rebound in the second half", says Alten, which expects "satisfactory organic growth in 2024" and indicates the continuation of its targeted external growth strategy.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Alten is European's No. 1 high-technology consulting and engineering group. The group's services are supplied to technical departments and IT system departments at large industrial, telecom, and utility companies. The activity is organized into 3 areas:
- technology engineering and consulting services: studies, design, and execution of research and development projects for new products/systems, consulting services, project management assistance, etc.;
- development of network architectures: design of terminals and network equipment, deployment and operation of networks;
- development of information systems: implementation or redesign of information systems and development of specific applications.
Net sales break down by market into automotive and rail (20%), trade/services/media/public sector (18.4%), aeronautics and space (13.6%), banking/finance/insurance (10.4%), energy (8.8%), life sciences (8.7%), telecoms (5.6%), defense/security/maritime (5.5%), industries (5.4%) and electronics (4.2%).
Net sales are distributed geographically as follows: France (31.1%), North America (14.8%), Germany (8.7%), Spain (8.6%), Asia/Pacific (8.4 %), the United Kingdom (7%), Italy (6.6%), Benelux (5.2%), Scandinavia (4.9%), Eastern Europe (2.3%), Switzerland (1.7%) and other (0.7%).
ALTEN 
