Our business continues its strong growth at +17.5% for the first half of 2019 - Alten Switzerland

Our business continues its strong growth at +17.5% for the first half of 2019

09/18/2019

Our business has remained very bullish in the first half of 2019, growing in France (+13.4%) and outside France (+21.0%). On a like-for-like basis and constant exchange ratebusiness grows by 12.5% (13.4% in France and 11.7% outside Francedespite a negative calendar effect (-1 business day in H1 2019). Growth was observed in all business areas and more specifically in Aerospace, Rail/Naval, Defense & Security and Life Sciences. 

EXTERNAL GROWTH: 6 ACQUISITIONS OUTSIDE FRANCE

In a strategic context of international growth, ALTEN is consolidating its position abroad and has carried out 6 acquisitions outside France in the first half of 2019 (5 in Europe and 1 in Asia):

  • 2 companies in Germany (annual revenue€ 22.M, 255 consultants) 
  • 1 company in Spain (annual revenue 6 M, 95 consultants) 
  • company in the UK (annual revenue:  11 M, 170 consultants) 
  • company in Denmark (annual revenue 6 M, 50 consultants)
  • company in India (annual revenue 8.5 M, 260 consultants) 

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