Altran: Q3 sales up 6.5%
(CercleFinance.com) - Engineering and R&D services group Altran has reported Q3 sales of 778.
9 million euros, up 6.5% as reported and up 6% in organic terms relative to Q3 2018.
Europe continues to perform well (+7.2% in organic terms), dampening the impact of Brexit and the volatility of the German market, while North America has confirmed its growth trajectory and the recovery of telecommunications.
Altran has reinstated its confidence in its business outlook, despite isolated events (Brexit, German market, semiconductor cycle). The continued improvement in operational performance will enable the group to reduce its debt at the end of the year.
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