Alten (XPAR:ATE)
€ 101.3 4.4 (4.54%) Market Cap: 3.52 Bil Enterprise Value: 3.56 Bil PE Ratio: 15.11 PB Ratio: 1.74 GF Score: 99/100

Full Year 2021 Alten SA Earnings Call Transcript

Feb 23, 2022 / NTS GMT
Release Date Price: €133.1 (+0.38%)
Simon Azoulay
Alten S.A. - Chairman & CEO

[Interpreted] You know the revenue for 2021, which accounts for about 65% of revenue of the whole group, the whole group is growing organically. This growth -- our international business has grown much stronger than France, so a general growth of 33%, including 16% organically. And as far as France is concerned, growth of 13.7% including 8% organically. So this difference in pace mostly has to do with projects resuming late in France in terms of automotive and civil aeronautics. And we hope that we have better news for you in 2022.

So our performance is based on a loss of business due to COVID. But also, there very strong demand for technology, which goes much beyond the recovery from COVID, as you can see.

In terms of income, it was about 11%. OPA is 19% and net income, 7.1%. So approximately EUR 320 million. Now if we compare 2021 with a pre-COVID situation, if we look at the figure for 2019, which you can see on the document, 2019 was a very good year, EUR 261 million in OPA, so 19% of the 2019 revenue down to 6% in 2021, EUR 142 million. So

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