Altran Technologies: 1st Quarter 2005 Sales up by 4.2% Compared to 1st Quarter 2004; Organic Growth up by +5.0%.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- 1st quarter sales of the Altran group amounted to EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 355.5 m, up 4.2% with respect to the 1st quarter of 2004 (EUR 341.1 m), and organic growth(1) is up 5.0%. In France where the Altran group achieved close to 49% of its total revenues, sales for the 1st quarter 2005 stood at EUR 173.9 m. Business in France increased by 0.8%. Including the divestiture The breakup of AT&T. By federal court order, AT&T divested itself on January 1, 1984 of its 23 operating companies, which became known as the Regional Bell Operating Companies (RBOCs). of a subsidiary during the course of the 1st quarter 2005, organic growth is up 0.9%. Outside France, sales represented 51% of the group's revenues, and stood at EUR 181.6 m, up 7.7%. This compares to EUR 168.6 m in the 1st quarter of 2004. Incorporating the acquisitions and divestitures made during 2004 and the first quarter of 2005, organic growth was +9.4%. 2004 sales were published under French GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). . Expenses billed at cost to costumers were integrated in the sales lines and accounted for approximately 1.6% of sales in 2004. In 2005 these expenses are accounted as a reduction of operating charges and are no longer accounted in sales in line with IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System recommendations. Foreign exchange had a negative impact of 0.3% compared to the 1st quarter of 2004.
(in EUR millions)
1st 2nd 3rd 4th 1st
quarter quarter quarter quarter 2004 quarter
2004 2004 2004 2004 2005
Sales excluding
contribution
from acquired
companies (a) 336.2 351.3 339.1 377.1 1 403.7 353.2
Contribution from
companies
acquired in 2004 (b) 1.5 1.3 3.2 1.9 7.9 1.5
Contribution from
companies
acquired in 2005 (c) - - - - - -
Contribution of
divested companies (d) 3.4 2.1 0.8 0.8 7.1 0.8
Total sales (a) + (b)
+ (c) + (d) 341.1 354.7 343.1 379.8 1 418.7 355.5
Total staff numbers for the group stood at 16 378 at the end of March 2005, down by 68 with respect to 31st December 2004. The Board of Directors reviewed the invoicing in·voice n. 1. A detailed list of goods shipped or services rendered, with an account of all costs; an itemized bill. 2. The goods or services itemized in an invoice. tr.v. ratio and the inter-contract ratio. The Board of directors wants these ratios to be reviewed by the auditors as part of their 1st half 2005 results review. This ratio will then be published with the 1st half 2005 results. Dominique de Calan Cal·an A trademark for the drug verapamil. verapamil hydrochloride Apo-Verap (CA), Calan, Calan SR, Cordilox (UK), Covera-HS, Isoptin, Half Securon (UK), Isoptin SR, Novo-Veramil (CA), Nu-Verap (CA), Securon (UK), , Chairman of AGIRC and Deputy General Manager of the UIMM UIMM Union des Industries et Métiers de La Métallurgie (Union des Industries Metallurgiques et Minieres) has been co-opted as administrator on May 4th, 2005. (1) Definition of "like-for-like basis" is the total sales of the financial year minus the contribution of companies acquired or divested during the current and previous financial years Next event: Annual general meeting of shareholders on June 29th, 2005 |
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