Alten has published sales of 3037 million euros for Q3, up 9.1% on the same period a year earlier. Sales grew both in France (+9.8%, to 963 ME) and internationally (+8.8%, to 2073 ME).
Most business sectors reported growth, in particular Civil Aeronautics, Automotive, Defense & Security, Industry and Electronics.
Alten also points out that almost all geographic regions reported cumulative growth, although Germany, Scandinavia and North America slowed sharply in the third quarter.
The engineering and technology consulting group considers that it achieved "satisfactory business growth to the end of September", in line with its expectations, and points out that the deceleration in organic growth over the course of 2023 reflects the normalization of the economy.
Even if the pace of growth slows, Alten expects to achieve organic growth of around 9% in 2023, a figure deemed 'satisfactory'. The Group also assures that it will pursue its strategy of targeted external growth.
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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 (20.9%), trade/services/media/public sector (18.4%), aeronautics and space (14.8%), industries (9.4%), banking/finance/insurance (9.1%), life sciences (8.3%), energy (7.3%), defense/security/maritime (6.5%) and telecoms (5.4%),
Net sales are distributed geographically as follows: France (31.9%), North America (11.9%), Germany (9%), Spain (9.1%), Asia-Pacific (7.9%), United Kingdom (7.7%) , Italy (7.7%), Benelux (5.6%), Scandinavia (4.4%), Eastern Europe (2.8%), Switzerland (1.5%) and others (0.5%).
ALTEN 
