ALTEN Group financial result – Q4 2021
The financial results of ALTEN Group for the 4th quarter 2021 have been released.
Although 2020 was impacted by the Health Crisis, the activity has strongly resumed in 2021. ALTEN has grown by 25.4%: 13.7% growth in France and 32.9% overseas. Acquisitions contributed to almost half of the increase in activity, the other half being fulfilled by a strong organic growth. On a like‐for‐like basis and constant exchange rate, growth reaches 12.9% (+8.4% in France and +15.7% outside France).
Following on this third quarter, business growth remained strong on the fourth quarter. Revenue reaches €794,8 M with an increase of 40.1% (26.4% in France and 48.5% overseas). On a like‐for‐like basis, business still grows by 23.2%: 17.7% in France and 26.6% overseas.
All business sectors are growing in 2021 and more specifically Aerospace, Defense and Security, Electronics and Life Sciences. Since this third quarter, the Automotive and Civil Aeronautics sectors have experienced organic growth again, however still remain below their pre‐crisis levels.
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