Alten: H1 15 results in line, reiterated positive outlook for H2 15

NEUTRAL, Fair Value EUR44 (0%)
News published on September Tuesday 22, 2015
Share on

Yesterday evening Alten reported H1 15 results in line with our expectations and the consensus. Free cash flow is back to a normal trend after an unusual DSO peak in H1 14. Finally, the positive outlook is reiterated for H2 15, with management guiding for lfl revenue growth acceleration and profitability increase. While the share price was up 4% in the last 3 months, we consider the stock will have a slightly positive reaction short term.


For more information, please contact marketing@bryangarnier.com

The Essentials

Everything you need to know about investment banking dedicated to growth
Stay Informed
Get our news
Join our Team
Bryan, Garnier & Co is always looking for talent in all our divisions, at all levels
Explore our opportunities