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

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WEBVTT 00:00:00.031 -- 00:00:05.224 Hello everybody. I would like to thank you very much 00:00:05.224 -- 00:00:08.072 for attending this conference, 00:00:08.072 -- 00:00:13.185 which is for Alten for the presentation of the activity 00:00:13.185 -- 00:00:17.513 and the turnover by the end of December 2025. 00:00:17.513 -- 00:00:22.878 The situations are different according to different geographical sectors. 00:00:22.878 -- 00:00:29.023 By the end of December 25, the turnover is at 4,143 00:00:33.569 -- 00:00:37.553 billion euros compared to last year, 00:00:37.553 -- 00:00:43.357 more than 100 roughly. In France, the activity has... 00:00:44.412 -- 00:00:48.337 I'm sorry, I'm sorry. I was mixing up with the global level. 00:00:48.337 -- 00:00:50.921 The activity has increased 00:00:50.921 -- 00:00:54.405 by 4% out of France 00:00:54.405 -- 00:00:57.470 with a decrease 00:00:57.470 -- 00:00:59.950 of 7%. The 00:01:03.117 -- 00:01:07.861 activity has been reduced by constant 00:01:08.344 -- 00:01:10.127 change 00:01:10.127 -- 00:01:11.699 rates. 00:01:11.699 -- 00:01:16.708 Our activity has been penalized by less working days than 00:01:16.708 -- 00:01:22.417 last year. This has an impact that we have estimated by 0.25% 00:01:22.417 -- 00:01:26.564 of the turnover on internal growth. 00:01:26.564 -- 00:01:31.970 The organic growth would have been lying at 4.2%. 00:01:32.118 -- 00:01:34.742 To the country of the precedent 00:01:34.742 -- 00:01:40.372 quarter, the fourth one really is marked by a slowdown of the overall activity. 00:01:40.372 -- 00:01:43.938 The turnover is at 1.23 00:01:43.938 -- 00:01:49.407 billion euros, a decrease of 35% compared with 24 00:01:49.407 -- 00:01:53.855 where it was of 1.26 billion euros. 00:01:53.855 -- 00:01:58.887 At constant rate, ...