(AOF) – No miracle for Alten in a still degraded stock market environment. The action of the engineering and technology consulting group lost 2.45% to 11.70 euros despite a marked improvement in its accounts in the first half.
Operating profit from activity jumped 52.1% to 208.6 million euros”. structure allowed the operating margin to increase to 11.4% despite the increase in wages, explains Alten.
Already published, the growth in activity stood at 30.9% at the end of June 2022 at 1.83 billion euros: + 18.4% in France, + 38.0% outside France. At constant scope and exchange rates, growth was 19.8% (14.5% in France and 22.8% outside France).
Net cash stood at 62.4 million euros at the end of June 2022 and shows a gearing of -4.1%.
“The first half of 2022 is a continuation of 2021”, indicates the group. In an unchanged context, Alten “should achieve satisfactory organic growth and operating margin in the second half of the year and will pursue its targeted external growth strategy”.
Four acquisitions were made, generating 144 million euros in revenue: one in Spain, one in the United Kingdom, one in Australia and a company present in India, Canada and the United States.
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