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ALTEN Group Released 2022 FULL-YEAR RESULTS
01/03/2023
ALTEN Group released its 2022 full-year results, key figures are as below,
BUSINESS IN 2022: +29.3%
Organic growth remains sustained throughout the whole year despite an adverse comparison basis in H2 2022 – induced by the sharp recovery of H2 2021.
Business grows by 29.3% in 2022: +14.2% in France and +37.6% outside France. On a like-for-like basis and constant exchange rate, business grows by 17.7% (+12.3% in France and 20.7% outside France).
Most of geographical areas experience sharp growth (equal to or above 10%).
All business sectors are growing – more specifically Civil Aeronautics, Automotive, Defense & Security, Life Sciences, Electronics and Bank/Insurance.
OPERATING PROFIT ON ACTIVITY: +31.2%, 11.1% OF REVENUE
The Operating Margin on Activity increased by 31.2% to reach €419.6 M despite higher salaries in part counterbalanced by higher prices and thanks to an enhanced activity rate, as well as an efficient SG&A management.
Business overseas was more profitable and also contributed to enhance the Operating Margin on Activity therefore reaching 11.1% of revenue (10.9% in 2021).
