Alten (OTCPK:ABLGF)
$ 152.26 0 (0%) Market Cap: 2.94 Bil Enterprise Value: 3.00 Bil PE Ratio: 11.29 PB Ratio: 1.28 GF Score: 99/100

Q2 2019 Alten SA Earnings Call Transcript

Jul 24, 2019 / 03:45PM GMT
Operator

Welcome to the occasion of this Alten teleconference reporting on H1 2019 results.

Moving on to the delegate General Director reporting live.

Bruno Benoliel
Alten SA - Deputy CEO

Thank you very much for attending our teleconference reporting on the H1 2019 results. As we're able to discover in the press release, H1 activity has been in line with that of last year's and has remained sustained in France as internationally.

Alten has achieved a consolidated revenues of EUR 1292.3 billion as at end of June 2019, up 17.5% against last year. In France, activity has been up 13.4%. Outside of France, 21%. The organic growth base has remained high throughout the half year, greater than 12%. The organic growth of Q2 stands at 12.4% after Q1 at 12.6%. Organic growth at 12.5% for the half year contributed to 4.3% of the growth and ForEx at 0.7%. Indeed, 27% of the activity of Alten has been achieved in currencies and it's exclusive USD and the Swedish krona, and that relates to the ForEx impact.

Indeed, this year, H1 has accounted 1 negative

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