ALTEN

Last updated
ALTEN
Euronext Paris:  ATE
CAC Mid 60 Component
ISIN FR0000071946
Industry Information technology
Consulting
Outsourcing
Founded1988 by Simon Azoulay, Laurent Schwarz and Thierry Woog
Headquarters40, avenue André-Morizet
92513 Boulogne-Billancourt, France
RevenueIncrease2.svg €4.068 Billion (2023) [1]
Increase2.svg €207 Million [2]
Number of employees
57,000 (end 2023) [3]
Website www.alten.com

ALTEN is a French multinational engineering and technology consulting company founded in 1988, it has offices in 30 countries. [4] [1] ALTEN's stock is listed in compartment B of the Euronext Paris market (ISIN FR0000071946); it is part of the SBF 120, the IT CAC 50 index and MIDCAP 100, and is eligible for the Deferred Settlement Service (SRD).

Contents

In 2023, ALTEN had 57,000 employees [1] and reported a revenue of 4.06 Bn euros. [5] The French market accounts for 35% of the group's activity. [1]

Company Profile

ALTEN operates as a technology consulting and engineering company worldwide. It provides design and research projects for the technical and information systems divisions in the industrial, telecommunications, and service sectors. It is engaged in the studies and conception of technological products for technical divisions. The company also provides networks and telecoms architecture, as well as develops IT systems for information systems departments.

ALTEN provides services in industries such as telecommunications, computer systems, networking, multimedia, defense, aviation, and information systems. [6]

History

ALTEN was founded in 1988 by Simon Azoulay, [7] Laurent Schwarz and Thierry Woog; [8] three engineers from major schools.

Development of its establishment in France and expansion of its activities between 1988 and 1997, then IPO in 1999 [9] on the second market of the Paris Stock Exchange. The international development started in 2000 represented 20% of turnover in 2003. [9] Expansion towards Asia and the United States in 2012. [8] The Group has since pursued a strategy of targeted business [10] acquisitions in line with its core business in Europe, particularly in 2016. [11] Thus, in 2019, the international share represented 56.8% of Group revenue. [12]

Organization

The ALTEN Group is organized into 5 operating divisions :

Services

Acquisitions

Labor disputes in Alten Spain

From July to December 2012, Alten Spain fired more than a hundred employees, claiming a sales decrease. In December 2012 Alten Spain tried to fire 140 of its employees and impose a 10% pay cut on the rest. As a consequence, Alten workers called for strike in January 2013. [21] [22] [23] [ citation needed ]

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References

  1. 1 2 3 4 "ALTEN - 2022 report" (PDF). ALTEN. 2022-11-02. Retrieved 2022-11-08.
  2. ↑ "ALTEN - Les valeurs à suivre à Paris et en Europe". Reuters. 2019-02-20. Archived from the original on 2019-02-20. Retrieved 2019-03-05.
  3. ↑ "UNIVERSAL REGISTRATION DOCUMENT 2022" (PDF). ALTEN.
  4. ↑ Europe (France, Germany, Belgium, Spain, Finland, Italy, Netherlands, UK, Sweden, Switzerland, Poland and Romania), Morocco, India, China, Russia, Mexico, Brazil, Singapore, Australia, Canada and the United States
  5. ↑ "2022 report" (PDF). ALTEN. 2022-11-02. Retrieved 2022-11-08.
  6. ↑ "Alten SA Company information". Bloomberg. 2019-03-05. Retrieved 2019-03-05.
  7. ↑ "Informations légales ALTEN". alten.com. Retrieved 29 April 2020.
  8. 1 2 Azoulay, Simon (5 October 2018). "Simon Azoulay (Alten), un si discret premier de cordée" (Interview). Interviewed by Anne-Sophie Bellaiche. Retrieved 30 Sep 2020.
  9. 1 2 "Alten". Dirigeants Entreprise. Retrieved 12 May 2017.
  10. ↑ "Présentation des résultats annuels 2015" (PDF). alten.com. 23 February 2016.
  11. ↑ "Interview de Simon Azoulay". www.alten.fr (in French). Retrieved 2017-05-12.
  12. ↑ Bruno Benoliel (18 February 2020). "Résultats annuels 2019" (PDF). alten.com.
  13. ↑ "Services". Official Website. Retrieved 27 May 2020.
  14. ↑ "Alten Group to raise India headcount". The Hindu. 5 July 2012.
  15. ↑ "ALTEN Group Announces Strategic Acquisition of cPrime Inc. In USA".
  16. ↑ "CEO ally advises cPrime in its sale to ALTEN Group".
  17. ↑ "Alten SA announce acquisition of Quick Release Ltd | Business Leader News". 8 August 2019.
  18. ↑ "ACL Digital Acquires VOLANSYS, a Next-Generation Digital Transformation and Product Realization Company". PR Newswire. Apr 28, 2022. Retrieved July 21, 2022.
  19. ↑ "VOLANSYS, a Next-Generation Digital Transformation and Product Realization Company is Acquired by ACL Digital". Volansys. Apr 28, 2022. Retrieved September 2, 2022.
  20. ↑ "ALTE N announces that it has acquired Ayesa Air Control in Spain and Germany. – SME Bulletin". 2023-07-28. Retrieved 2023-07-29.
  21. ↑ "Alten Spain (VAL) January 2013 strike". 2012.
  22. ↑ "Alten Spain (BCN) January 2013 strike". 2012.
  23. ↑ "Alten Spain (MAD) January 2013 strike". Archived from the original on January 22, 2013.
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