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An announcement from ALTEN SA ( (FR:ATE) ) is now available.
ALTEN SA’s 2024 revenue saw a modest increase of 1.8%, driven by organic growth in France and Southern Europe, though offset by declines in the UK, Northern Europe, Asia, and North America. The company made strategic acquisitions in Asia and Poland and completed the acquisition of Worldgrid, enhancing its capabilities, particularly in Energy and Utilities solutions across Europe. Despite these developments, macroeconomic factors have slowed activity, with a stabilization expected in early 2025.
More about ALTEN SA
ALTEN is a world leader in engineering and IT services, providing design and study projects for technical and IT departments of major industrial, telecom, and tertiary clients. Listed on the Euronext Paris market and part of indices like SBF 120, IT CAC 50, and MIDCAP 100, it is a significant player in its sector.
YTD Price Performance: 4.40%
Average Trading Volume: 4,008
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €2.82B
See more data about ATE stock on TipRanks’ Stock Analysis page.
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