Alten S.A. (0O1S) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

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 4,143 billion euros compared to last year, more than 100 roughly. In France, the activity has... I'm sorry, 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 rates. Our activity has been penalized by less working days than last year. This has 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 country of the precedent quarter, the fourth one really is marked by a slowdown of the overall activity. The turnover is at 1.23 billion euros, a decrease of 35% compared with 24 where it was of 1.26 billion euros. 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 precedence decline. We hope that this means, at last, a stability of the activity before starting again in 2016. The activity rate is relatively stable. It lies at 91.4% for the last quarter, equally to 24, 91.11% for the whole year, which is identical to the year 24, which was at 91.2%. Our headcount in a decreasing perimeter has decreased less during the last quarter than the one before. However, you will see that by the end of the year, by the end of December 25 years, by the year of 25, headcount that has slightly increased, where we have a splitting up between engineers an...