Altran Technologies: 2003 Third Quarter Revenue of EUR314.2m; Revenue on the first 9 months of 2003 is EUR1.002m.Business Editors/High-Tech Writers PARIS--(BUSINESS WIRE)--Nov. 13, 2003 Third quarter 2003 revenue amounted to 314.2 million euros of which 41.9 million were generated by companies acquired in 2002. Third quarter revenue is down 6.2% compared to the second quarter of 2003. The organic, revenue(1) is down by 4.7%. Revenue generated outside France was 158.1 million euros representing a decline of 8.8% with respect to the 2nd quarter, of which 6.8% is organic. In France revenue was 156.1 million euros, a decrease of 3.5% compared to the 2nd quarter, of which 3.0% was organic. No acquisition has been concluded in 2003.
(EURm)
1st Quarter 2nd Quarter 3rd Quarter 9 months
2003 2003 2003 sales
Revenue
excluding
companies
acquired (a) 300.3 285.8 272.3 858.4
Contribution
of companies
acquired in
2002 (b) 52.6 49.3 41.9 143.8
Contribution of
companies
acquired in
2003 (c) 0.0 0.0 0.0 0.0
Total Revenue
(a)+(b)+(c) 352.9 335.1 314.2 1002.2
Quarterly revenue figure comparison with those of 2002 will not be presented, due to lack of information on the quarterly impact of the revenue adjustments in 2002, as already mentioned for the publication of first quarter revenue. During the 3rd quarter the group continued to adapt its cost structure with regard to the general economic environment with a 516 staff decline. As of the 30th of September September: see month. 2003, the total number of employees in the group(2) was 16 528, a decrease of 1 250 compared to the beginning of the year. Please note that 1st Half 2003 accounts included a 5% correction of group's ownership in one of its subsidiary Altran International. The impact on 1st half results 2003 was of -1.7 million euros as detailed in the "Document de Reference" available on our website www.altran.net (Euroclear Euroclear One of two principal clearing houses for securities traded in the Euromarkets. Notes: The other principal clearing house is Clearstream, formerly the Centrale de Livraison de Valuers Mobilieres (CEDEL). :3463)(Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. :ALT (character) alt - /awlt/ 1. The alt modifier key on many keyboards, including the IBM PC. On some keyboards and operating systems, (but not the IBM PC) the alt key sets bit 7 of the character generated. See bucky bits. 2. FP)(Reuters Reuters British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. :ALTR.PA) (Nasdaq:ALTKF) (Sicovam)(Isin:FR0000034639) (1) Organic revenue : revenue for the period less revenue of companies acquired during the period and in the previous financial year (2) The company DTS (1) (Digital Theatre Sound) A digital audio encoding system used in movie and home theaters. Popularized by the movie Jurassic Park, the six-channel (5. is no longer consolidated con·sol·i·date v. con·sol·i·dat·ed, con·sol·i·dat·ing, con·sol·i·dates v.tr. 1. To unite into one system or whole; combine: in Group accounts since June June: see month. 2002 and has also been excluded from total number of employees |
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