Alten: targets 0.5% to 1%.organic growth in 2024

(CercleFinance.com) - IT services group Alten has posted H1 sales of E2,108m, up 2.
9% (5.7% in France, 1.6% outside France). Growth was 0.9% LFL (5.7% in France, -1.4% outside France).

Operating income from ordinary activities totaled E177.2m (8.4% of sales vs. 9.2% in June 2023). Operating income came to E159.8m and net income, group share, was E118.2m, up 6.4% on June 2023.

Alten now expects to achieve organic growth of between 0.5% and 1% in 2024. Iys operating margin will be impacted by the macroeconomic context: it will exceed 9% in H2 and should be between 8.7% and 8.9% over the full year.


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