Alten: FY 2020 net income down 40%
(CercleFinance.com) - The IT services group's revenues reached 2,331.
9 million euros, down 11.1% compared to 2019.
At constant data, revenues fell by 12.9% (-19.5% in France; -7.9% outside France), heavily impacted by the health crisis.
Operating profit reached 119.2 million euros (or 5.1% of sales). Net income, group share came in at 98.0 million euros, down 40.3% relative to 2019.
Alten seems pretty upbeat about 2021, believing that the recovery in business should strengthen over the year.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
9 million euros, down 11.1% compared to 2019.
At constant data, revenues fell by 12.9% (-19.5% in France; -7.9% outside France), heavily impacted by the health crisis.
Operating profit reached 119.2 million euros (or 5.1% of sales). Net income, group share came in at 98.0 million euros, down 40.3% relative to 2019.
Alten seems pretty upbeat about 2021, believing that the recovery in business should strengthen over the year.
Copyright (c) 2021 CercleFinance.com. All rights reserved.