(CercleFinance.com) – Investors are punishing Alten whose results are disappointing, and in particular turnover which only increased by 3.1% compared to the 1st quarter of 2023 (+0.8% at constant data).
But what was even more poorly received is that the slowdown in activity observed since mid-2023 should continue until the end of the first half of 2024, before a ‘probable’ improvement from September/October 2024 .
The stock suddenly erases all its gains since November 2.
The ‘gap’ of 111.4E on November 1 could be quickly filled and the main challenge will be to save the – crucial – medium-term support of 108.50E on October 25 and 28, 2023.
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