Alten shares sink over 10% after Q1 revenue dips on weakness in Europe

Published 25/04/2025, 09:58
© Reuters.

Investing.com -- Shares of Alten (EPA:LTEN) fell more than 10% Friday after the French engineering and technology consulting firm reported a slight decline in first-quarter revenue on Thursday, with weak results across several key European markets offsetting growth in France and southern Europe.

Revenue for the quarter ending March 31 slipped 0.5% to €1.06 billion, down from €1.07 billion a year earlier. 

The company cited currency effects as a key factor weighing on results, offsetting gains from acquisitions and modest organic growth.

France led growth, with revenue rising 4.2% to €369.4 million. The Iberian Peninsula jumped 14.4% to €115.7 million, and Italy saw a slight gain of 1.3% to €87.9 million.

Performance elsewhere in Europe was weaker. Revenue in Germany dropped 10.7% to €77 million, the United Kingdom (TADAWUL:4280) fell 6% to €68.4 million, and Benelux declined 14% to €51.7 million. Scandinavia posted the sharpest drop, down 22.5% to €35.6 million.

North America recorded a 4.6% decline to €115.6 million, while Asia Pacific slipped 1.7% to €86.4 million. Eastern Europe was a bright spot, rising 13.6% to €36.6 million.

By sector, aerospace, defense, security and naval made up 33% of revenue. Automotive and rail contributed 23%, while energy, life sciences and industrial equipment accounted for 25.3%.

Services, retail, banking, media and the public sector comprised the remaining 18.7%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.