(Boursier.com) — Growth in Alten’s activity stood at +3.1% in Q1. It is +6% in France and +1.6% outside France.
At constant scope and exchange rates, growth is 0.8%, or +6% in France and -1.7% outside France.
Activity was penalized by unfavorable seasonality compared to the 1st quarter of 2023.
The Defense & Security, Civil Aeronautics, Automotive and Rail sectors continue to grow significantly.
satisfactory.
Continuing the trend recorded in the second half of 2023, activity slowed further this quarter, with France, Southern Europe and Asia achieving satisfactory organic growth. Northern Europe, Europe
the East and North America are in decline.
The first half of 2024 will confirm the slowdown in activity observed since mid-2023, before a probable improvement from September/October 2024.
Despite an unfavorable macroeconomic environment, particularly in Europe, Alten should achieve organic growth which would remain satisfactory, of around +3% in 2024.
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