Altran: H1 underlying operating profit up 29%
(CercleFinance.com) - Altran has reported H1 2018 adjusted net income that is up 2.
2% at 57.5 million euros, with a 29% increase in underlying operating profit to 138.5 million euros, which in particular reflects the contribution from Aricent.
The Engineering and R&D services Group (ER&D) reported H1 revenues of 1,372.7 million euros, up 18.5%, with organic growth of 5% and economic growth of 5.2%.
"The integration of Aricent is well on track, we have launched a targeted action plan early July to restore Aricent's margin to its previous profile by year end," said Chairman and CEO Dominique Cerutti.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
2% at 57.5 million euros, with a 29% increase in underlying operating profit to 138.5 million euros, which in particular reflects the contribution from Aricent.
The Engineering and R&D services Group (ER&D) reported H1 revenues of 1,372.7 million euros, up 18.5%, with organic growth of 5% and economic growth of 5.2%.
"The integration of Aricent is well on track, we have launched a targeted action plan early July to restore Aricent's margin to its previous profile by year end," said Chairman and CEO Dominique Cerutti.
Copyright (c) 2018 CercleFinance.com. All rights reserved.