9/25/2026

speaker
Simon Azoulay
Chairman & Chief Executive Officer

Hello, everybody. Very happy to co-present with Bruno Benoliel and Cyril Malarge the presentation of this half-year results for the year 26. And as usual, and in a very precise way, we will convey to you a vision of what happens on the market, in particular as regards Alten. As regards the results, as you could see in the announced the revenue that we know is at 2.1 billion, which means almost a double for the whole year and even better than that. And the organic growth is of 1.6%, but in fact 1.2%. because of the M&A, which was a little bit less performant for the start of the year. So 1.6 as an absolute value is not really a matter to celebrate because apart from the different crises, we had an average of 8 to 10% organic growth before. I hope it's just symbolic showing that we are on our way to reach a positive organic growth, international and France. Well, France is driven by aeronautics and defense activities with Airbus. They have enabled to be performant within this organic growth, even if the other sectors are very well performing energy automotive, because we have been doing what had to be done, in particular to offshore in the low-cost countries. As regards the results themselves, the revenue is...

speaker
Bruno Benoliel
Chief Financial Officer

Sorry, you have muted your microphone, sorry.

speaker
Simon Azoulay
Chairman & Chief Executive Officer

So 8.9% compared with the 7.3% of revenue at June 25. Well, compared with that, that's the revenue for France. And hopefully, I hope we will have a global year around 10% operational results. 8.9%. This improvement compared with the first half year 25 is linked to very performing control of sales, HR and administration as well as the potential gross margin which was quite stable and is also due to very an excellent management of our project as well as the cross-contract and other contractors.

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