Strategy of growth

?European growth strategy

International growth is a strategic issue for the ALTEN Group.
Since 2000, ALTEN has chosen to turn to international markets in order to support its clients in their strategic projects.
This growth, which started as organic growth, then accelerated when local players were acquired. The companies acquired are all profitable and their business model is similar to ALTEN’s.
On a local market, which involves the growth of local players, this strategy has enabled the ALTEN Group to develop market share in Europe significantly.
The R&D outsourcing rate in Europe is currently approximately 6 to 15%, depending on the country, compared with a rate of 27% in France. Moreover, the purchasing structures are less mature and the profit margins are higher than those in France.
We are thus justified in expecting significant international market growth in the coming years.
ALTEN’s objective is to exceed a figure of 30% business outside of France within three years and to achieve the critical size of 1000 people per zone in Germany, Spain and the Benelux countries.

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