ALTEN Group financial results Q4 2020

02/04/2021

Since March 2020 business has been strongly impacted by the health crisis and has resumed very progressively this last quarter.

Business decreases by 11.1% in 2020: ‐20.0% in France and ‐4.4% overseas. On a like‐for‐like basis and constant exchange rate, business decreases by 12.9%: ‐19.5% in France and ‐7.9% outside France.

Revenue reaches €567.4 M in Q4 thus decreasing by 17.5%: ‐25.2% in France and ‐11.9% overseas. On a like‐for like basis, revenue decreases by 17.4%: ‐24.4% in France and 12.4% overseas.

The crisis has mainly impacted the Automotive and Civil aeronautics sectors whereas Rail/Naval, Life Sciences and Energy (Oil & Gas excepted) experience a two‐digit growth.

Therefore business has significantly decreased in 2020 in the countries where the Automotive and Civil aeronautics are significant – such as France, Germany, Sweden, the US and the UK. On the contrary, performance was satisfactory in Italy, Switzerland and Asia Pacific.

Read the full press release.

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