Half year results 2019: Solid growth and strong operating performance

  • Revenues of €1,594m (+16.1% reported, +8.5% economic and +7.4% organic growth vs. H1 2018)
  • Operating margin of €178m (+28.7% vs. H1 2018), reaching 11.2%, +110 bps vs. H1 2018 fueled by Europe and Americas equally
  • Adjusted net income of €64m, +10.8% vs. H1 2018 in spite of the cyber-attack
  • Free Cash Flow of -€31m vs. -€225m in H1 2018 owing to improved operating performance and reduced seasonality as part of Altran cash program
Altran posted a solid performance in the first half of the year, reflecting both positive trends across industries and a good momentum in all our main geographies. We are thrilled with the progress made in key sectors such as Communications thanks to surging 5G expenses and our frog design. Now that the integration of Aricent is fully completed, we have achieved numerous business wins. Altran is ideally positioned, with a well-balanced market footprint and diverse offerings, to address the evolving R&D needs of major industries. We believe that our unique ability to meet the differentiated needs of our clients will integrate seamlessly with Capgemini’s expertise, allowing us to create a global leader to support the digital transformation of industrial and technology companies. Dominique Cerutti Altran Chairman and Chief Executive Officer

You can replay the conference call at the following link.

Press Release

Half year results 2019: Solid growth and strong operating performance

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Slideshow

First Half 2019 results

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Interim Financial Report 30 June 2019

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