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

Q3 2023 Alten SA Corporate Sales Call Transcript

Oct 26, 2023 / NTS GMT
Release Date Price: $115
Bruno Benoliel
Alten S.A. - COO

[Interpreted] Good evening, everybody. I would like to thank you for joining this conference call, where we'll be talking about third quarter of 2023.

As you have likely -- as you likely read a few minutes ago, our turnover was EUR 3.37 billion this year. In France, the activity grew by over 9% and outside of France by 8.8%. So the group's activity has grown by over 10%, plus 9.8% in France and over 9% outside of France.

During the third quarter, growth slowed, which was nothing -- which was no surprise, but there are certain elements which we will come back to. Even if the results are satisfying, the growth is in line with our predictions, which were fairly low. So our overall growth is 7.6%, 10.5% in France, 6.3% outside of France. The quarter had certain negative effects and when comparing to 2022. But overall, growth has been up 9% for this quarter, which remains entirely satisfactory. And so overall, we're at 3.3% growth.

Let me remind you that the data takes [Hanover] into account, the data for the company sold, and that is why the growth

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