Alten S.A. (ABLGF) Q4 2025 Sales/Trading Call January 28, 2026 7:00 PM EST
Company Participants
Bruno Benoliel – Depuy GM, Incharge of Finance, Information Systems & Legal
Conference Call Participants
Nicolas David – ODDO BHF Corporate & Markets, Research Division
Laurent Daure – Kepler Cheuvreux, Research Division
Derric Marcon – Bernstein Institutional Services LLC, Research Division
Aditya Buddhavarapu – BofA Securities, Research Division
Presentation
Unknown Attendee
Hello, everybody. I would like to thank you very much for attending this conference, which is for Alten for the presentation of the activity and the turnover by the end of December 2025. The situations are different according to different geographical sectors. By the end of December ’25, the turnover is at EUR 4,143 billion compared to last year, more than EUR 100 million roughly.
In France, the activity has — I’m sorry, I was mixing up with the global level. The activity has increased by 4% out of France with a decrease of 7%. The activity has been reduced by constant change rate by 4%. Our activity has been penalized by less working days than last year. This had an impact that we have estimated by 0.25% of the turnover on internal growth. The organic growth would have been lying at 4.2%. To the contrary of the precedent quarter, the fourth one really is marked by a slowdown of the overall activity. The turnover is at EUR 1.23 billion, a decrease of 35% compared with ’24, where it was of EUR 1.26 billion. At constant rate, the activity decreases by 2.4% at the fourth quarter, decreases by 2.4% in France and 2.2% out of France, which is a decreasing rate, a decline which is inferior to half of the precedent decline. We hope that this means at last stability of the activity before starting again in ’26.