ASSYSTEM: First-quarter 2024 consolidated revenue
25 Abril 2024 - 12:35PM
ASSYSTEM: First-quarter 2024 consolidated revenue
First-quarter 2024 consolidated revenue: €154.3m (up
7.2%)
- Organic growth: 5.5% vs Q1 2023
- 2023 dividend payment calendar
Paris-La Défense, 25 April 2024, 5.35
p.m. (CEST) – Assystem S.A. (ISIN: FR0000074148 - ASY), an
international engineering group, today released its revenue figures
for the three months ended 31 March 2024 (first-quarter 2024).
First-quarter 2024 consolidated revenue
(unaudited)and year-on-year changes vs. 2023
In € millions |
Q1 2023 |
Q1 2024 |
% change(reported) |
% change (organic(2)) |
Group(1) |
143.8 |
154.3 |
+7.2% |
+5.5% |
|
|
|
|
|
France |
94.8 |
97.6 |
+2.9% |
+4.3% |
International |
49.0 |
56.7 |
+15.6% |
+7.7% |
|
|
|
|
|
(1) Consolidation of L&T
Infrastructure (based in India) and Keops Automation (based in
France) since 1 January 2024, and deconsolidation of Assystem’s
activities in the Pacific region since 1 December 2023 following
their sale.(2) On a constant scope of consolidation and
currency basis.
In the first quarter of 2024, Assystem's
consolidated revenue totalled €154.3 million, up 7.2% on the €143.8
million recorded for first-quarter 2023. Organic growth was 5.5%,
changes in the scope of consolidation had a positive 1.6% impact,
and the currency effect was a positive 0.1%.
Growth in first-quarter 2024 was led by
sustained demand for Nuclear activities (72% of consolidated
revenue for the period), with revenue up 9.8% year on year on an
organic basis.
FRANCE (63% of consolidated revenue for
the period)
Revenue in France amounted to €97.6 million,
versus €94.8 million in the first quarter of 2023. This 2.9%
year-on-year increase breaks down as 4.3% in organic growth and a
negative 1.4% impact from changes in the scope of
consolidation.
Revenue from Nuclear activities (accounting for
86% of total revenue in France in Q1 2024) rose 9.7% on an organic
basis, driven by the initial effects of the start-up of studies
relating to projects for new EPRs, as well as ongoing high volumes
of business for the country's existing nuclear power plants.
INTERNATIONAL (37% of consolidated
revenue for the period)
Revenue from International operations came to
€56.7 million compared with €49.0 million in the first quarter of
2023. This 15.6% year-on-year increase includes 7.7% in organic
growth, a positive 7.6% impact from changes in the scope of
consolidation, and a positive 0.3% currency effect.
Revenue from international Nuclear activities
(accounting for 48% of total International revenue in Q1 2024) rose
by 10.0% on an organic basis. In the United Kingdom, revenue growth
for Nuclear activities remained buoyant following the very strong
acceleration seen in 2023. In India, the integration of L&T
Infrastructure into STUP’s teams is advancing well, enabling the
Group to address the Indian market through a combined services
offering.
RECOMMENDED DIVIDEND FOR
2023
At the Annual General Meeting to be held on 24
May 2024, Assystem will recommend a total dividend of
€12.5 per share for 2023 (i.e. €1.0 as an ordinary dividend
and €11.50 as a special dividend), including a €7.0 per-share
interim dividend paid on 5 April 2024, with an ex-dividend date of
3 April 2024.If the dividend is approved, the remainder – i.e.
€5.50 per share (including the €1.0 ordinary dividend) – will be
paid on 12 July 2024, with an ex-dividend date of 10 July 2024. The
total dividend would therefore represent an aggregate payout of
approximately €186 million(1).
The agenda, the purpose of the proposed
resolutions, and the text of the proposed resolutions to be
submitted for the shareholders’ approval at the Annual General
Meeting are available on Assystem’s website (assystem.com), in the
2023 Universal Registration Document, the French language version
of which was filed on 5 April 2024.
2024 FINANCIAL CALENDAR
24 May:
|
Annual General Meeting at 9:30 a.m. (CEST) |
25 July: |
First-half 2024 revenue release |
11
September: |
First-half 2024 results release – Presentation
meeting on Thursday 12 September at 8.30 a.m. (CEST) |
24 October: |
Third-quarter 2024 revenue release |
ABOUT ASSYSTEM
Assystem, one of the world's leading independent
nuclear engineering companies, is committed to accelerating the
energy transition. With more than 55 years of experience in highly
regulated sectors with stringent safety and security constraints,
the Group provides engineering and project management services as
well as digital solutions and services to optimise the performance
of complex infrastructure assets throughout their life cycle. In
its 12 countries of operation, Assystem's 7,500 experts are
supporting energy transition. To achieve an affordable low carbon
energy supply, Assystem is committed to the development of low
carbon electricity (nuclear, renewables and electricity grids) and
clean hydrogen. The Group is also helping drive the use of low
carbon electricity in industrial sectors such as
transportation.
To find out more visit www.assystem.com/Follow
Assystem on Twitter: @Assystem
CONTACTS
Malène Korvin – Chief Financial Officer –
mkorvin@assystem.com – Tel.: +33 (0)1 41 25 29 00
Anne-Charlotte Dagorn – Marketing and
Communications Director – acdagorn@assystem.com – Tel.: +33 (0)6 83
03 70 29
Agnès Villeret – Komodo –
Investor relations – agnes.villeret@agence-komodo.com – Tel.: +33
(0)6 83 28 04 15
(1) Corresponding to €12.50 multiplied by the
14,880,414 outstanding shares carrying dividend rights at 31 March
2024.
- ASSYSTEM CP CA T1 2024 V7 24.04.2024_eng 15h00
Assystem (EU:ASY)
Gráfico Histórico do Ativo
De Ago 2024 até Set 2024
Assystem (EU:ASY)
Gráfico Histórico do Ativo
De Set 2023 até Set 2024