Altran Technologies: Third quarter sales up by 9.2% compared to that of 2003 organic growth of 8.2%.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. -- The 3rd quarter turnover of the Altran Group (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ALTKF)(BOURSE bourse (b  rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. :ALTR) stood at E 343.1m, an increase of 9.2% compared
to the same period last year (E314.2m). Organic growth(1) is at 8.2%.In France: Turnover came to E 165.5m, representing 48% of group sales Group sales Block sale (of large amounts) of securities to institutional investors. group sales The distribution of a new security issue to institutional clients. . Turnover growth was 6.0%, no acquisition having been made during the period, proving Altran's capacity to seize seize v. To exhibit symptoms of seizure activity, usually with convulsions. growth opportunities in a recovering market. Outside France: Turnover was up 12.3% at E 177.6m compared to the same period last year (E158.1m). This represents 52% of group sales. Organic growth stood at 10.3% given call options exercised during the quarter. During the 3rd quarter Altran exercised a call option on the Brazilian office of Arthur D. Little Arthur D. Little, Inc. is the world's first management consulting firm. Founded in 1886 by Arthur Dehon Little, an MIT chemist who discovered acetate, and co-worker Roger Griffin, in Cambridge, Massachusetts, Arthur D. Little pioneered the concept of contracted technology research. which contributed E 1.6m to group's 3rd quarter turnover. During this quarter, overall contribution for Arthur D. Little offices on which the group exercised its call options during 2004 (Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. , Singapore and Venezuela) was E3.2m. Foreign exchange had a negative impact of 0.4% on 3rd quarter turnover.
(in E millions) 3rd 1st 2nd 3rd
quarter quarter quarter quarter
2003 2004 2004 2004
Sales excluding contribution
from acquired companies (a) 314,2 339,6 353,4 339,9
Contribution from companies
acquired in 2003 (b) 0 0 0 0
Contribution from companies
acquired in 2004 (c) 0 1,5 1,3 3,2
Total sales (a) + (b) + (c) 314,2 341,1 354,7 343,1
Contribution from
deconsolidated companies 2 2,4 1,2 -
The level of business since the beginning of the year and the continuing improvement in the market has meant that the number of staff for the group could increased in the 3rd quarter, for the first time since June 2002. Total staff now stands at 16 571, an increase of 142 as compared to the previous quarter. 1) Definition of "like-for-like basis" is the total sales of the financial year minus the contribution of companies acquired during the current and previous financial years. |
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