SOURCE: Altran Technologies

August 03, 2006 02:35 ET

ALTRAN : Q2 2006 revenues

PARIS -- (MARKET WIRE) -- August 3, 2006 --


2ND quarter revenues amounted to EUR 374.3 M for Altran Technologies

                            2nd quarter      3rd quarter     4th quarter
(in euro millions )             2005             2005           2005

Revenues excluding
 contribution from
 acquired or/and
 divested companies (a)         368,3            339,2          371,3

Contribution from
 companies acquired (b)

Contribution of
 divested companies (c)           0,2                -              -

Total sales (a) + (b) + (c)     368,5            339,2          371,3



                                2005          1stquarter     2ndquarter
(in euro millions )                              2006           2006

Revenues excluding
 contribution from
 acquired or/and
 divested companies (a)        1 433,2           371,6          374,3

Contribution from
 companies acquired (b)

Contribution of
 divested companies (c)            1,3               -

Total sales (a) + (b) + (c)    1 434,5           371,6          374,3

The 2nd quarter revenues 2006 of the Altran group amounted to EUR 374.3 m, up by 1.6% with respect to the 2nd quarter 2005 (EUR 368.6 m), and organic growth(1) stands at 1.5% despite a negative impact of 2 days compared to Q2 2005 and 3 days compared to Q1 2006. First semester revenues were up by 3.0% compared to the first semester 2005.

In France, where the Altran group made nearly 42% of its total revenues, revenues for the 2nd quarter 2006 stood at EUR 158.4 m. Business in France saw a decrease of - 8.4% compared to the same period last year (EUR 172.9 m).

Outside France, sales represented 58% of the group's revenues, and stood at EUR 215.8 m, up by 10.4%. This compares to EUR 195.5 m in the 2nd quarter of 2005. Given the divesture made during 2005 organic growth was +10.5%.

The impact foreign exchange on revenues is negligible compared to the 2nd quarter of 2005. The decrease of France revenues combined with a higher than expected wages increase at the group level and in the industry will not allow improvement of the group's recurring operating margin for the first semester 2006 as compared to the previous semester. Nevertheless, the recurring operating margin for the first semester 2006 will be higher than the 2005 full year margin level.

Total staff numbers for the group stood at 16 488 at the end of June 2006, up by 207 with respect to 31st March 2006.

(1) Definition of "like-for-like basis" is the total sales of the financial year minus the contribution of companies acquired or divested during the current and previous financial years.

NEXT PRESS RELEASE : 1st semester 2006 results due on Octobre 2nd, 2006.

FOR MOREINFORMATION : www.altran.net

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