Alten (ATE) investor relations material

Executive summary

• Q1 2026 revenue was €1,053.7 million, a decline of 0.8% year-over-year, with France up 1.3% and international down 1.91%.

• Organic growth was slightly positive at +0.1%, with a minor positive scope effect of 1.1%, despite adverse exchange rates.

• Activity is stabilizing, driven by growth in Aerospace and Defense & Security, while Automotive, Telecom, and Life Sciences continue to decline.

• Workforce stands at 154,000, including 51,851 engineers, boosted by acquisitions.

• One acquisition completed: an IT Services company with €68 million revenue and 470 consultants.

Financial highlights

• France revenue: €374.3 million (+1.34% YoY); International revenue: €679.4 million (-1.91% YoY).

• Iberia and Italy grew, while Germany, UK, Benelux, Eastern Europe, and Nordics declined.

• North America down 10.1%, Asia Pacific down 5.4%.

• At constant scope and exchange rates, group revenue grew 0.1% year-over-year.

• Automotive sector continues to decline, but at a slower pace than last year.

Segment performance

• Aerospace, Defense, Security & Naval accounted for 26.6% of revenue, with Aerospace at 17.1% and Defense, Security & Naval at 9.5%.

• Automotive & Rail contributed 16.8%, while Energy, Life Sciences, Telecoms & Industrial Equipment together made up 31.2%.

• Bank, Finance & Insurance represented 25.4% of revenue.

• Rail sector growth resumed, representing 10% of sector activity.

• Telecoms saw a sharp decline at -18%.