Altran: operating margin improves in H1 2019
(CercleFinance.com) - Altran has published H1 2019 adjusted net income (group share) that is up 10.
8% at 63.7 million euros, despite the cyberattack, with an operating margin that is up 110 basis points at 11.2%.
The engineering and R&D services group posted sales of 1,594 million euros over the period, up 16.1% as reported, with organic growth of 7.4% and economic growth of 8.5%, with a positive contribution from all regions.
"The continuous improvement of operating performance will enable Altran to further deleverage at year end," Altran said, which "is focused to deliver its set of mid-term financial objectives, by leveraging its service models".
Copyright (c) 2019 CercleFinance.com. All rights reserved.
8% at 63.7 million euros, despite the cyberattack, with an operating margin that is up 110 basis points at 11.2%.
The engineering and R&D services group posted sales of 1,594 million euros over the period, up 16.1% as reported, with organic growth of 7.4% and economic growth of 8.5%, with a positive contribution from all regions.
"The continuous improvement of operating performance will enable Altran to further deleverage at year end," Altran said, which "is focused to deliver its set of mid-term financial objectives, by leveraging its service models".
Copyright (c) 2019 CercleFinance.com. All rights reserved.