STRONG BUSINESS GROWTH: +25.4%

Although 2020 was impacted by the Health Crisis, the activity has strongly resumed in 2021. Revenue has grown by 25.4%:  32.9% overseas and 13.7% growth in France. Acquisitions contributed to almost half of the increase in activity, the other half being fulfilled by a strong organic growth. On a like‐for‐like basis and constant exchange rate, growth reaches 12.9% (+15.7% outside France and +8.4% in France ).

All business sectors are growing in 2021 and more specifically Space, Defense and Security, Electronics and Life Sciences.
Since this third quarter, the Automotive and Civil Aeronautics sectors have experienced organic growth again, however below their pre‐crisis levels.

OPERATING PROFIT ON ACTIVITY: €319.9M I.E. 10.9% OF REVENUE

ALTEN has preserved the basics of its gross margin and controlled its SG&A. Therefore, the strong growth in H2 led to a significant improvement of the operational profit on activity which now exceeds its pre‐crisis level.

EXTERNAL GROWTH: 7 ACQUISITIONS IN FRANCE AND OVERSEAS

ALTEN has completed 6 acquisitions in 2021 :

• In the US/China: 1 company specialised in software development (€68 M Revenue, 1,900 consultants)
  In the US/India: 1 company specialised in product engineering, embedded systems and digital technologies
  (€11 M Revenue, 930 consultants)
• In the UK/Finland: 1 company specialised in Consulting and Agile Training (€9.5 M Revenue, 65 consultants)
• In the UK: 1 company specialised in Life Science (€20 M Revenue, 180 consultants)
• In Germany: 1 company specialised in Engineering and Consulting (mainly in the Automotive sector)
  (€10 M Revenue, 90 consultants)
• In France: 1 company specialised in the transformation and digitalisation of Information Systems
  (€37 M Revenue, 280 consultants)

ALTEN has also completed a first acquisition in 2022 In Spain: 1 company specialised in Cloud and digital transformation (€12 M revenue, 180 consultants).