Alten: AlphaValue/Baader Europe lowers rating to sell

Alten is Europe’s No. 1 in the field of high-tech consulting and engineering. The group’s services are delivered to technical departments and IT systems departments of large industrial, telecommunications and utility companies. The activity is divided into 3 areas: – Technology engineering and consulting services: studies, design and implementation of research and development projects for new products/systems, consulting services, project management support, etc; – Development of network architectures: design of terminals and network equipment, establishment and operation of networks; – Information systems development: Implementation or redesign of information systems and development of specific applications. Net sales are distributed across the following markets: automotive and rail transport (20.9%), trade/services/media/public sector (18.4%), aerospace (14.8%), industry (9.4%) %), Banking/Finance/Insurance (9.1%), Life Sciences (8.3%), Energy (7.3%), Defense/Security/Marine (6.5%) and Telecommunications (5.4%) , Net sales break down geographically as follows: France (31.9%), North America (11.9%), Germany (9%), Spain (9.1%), Asia Pacific (7.9%), United Kingdom (7.7%), Italy (7.7%), Benelux (5.6%), Scandinavia (4.4%), Eastern Europe (2.8%), Switzerland (1.5%) and Others ( 0.5%).