on VERNEUIL PARTICIPATIONS (EPA:VRNL)
Alan Allman Associates: Revenue down in Q1 2026
Alan Allman Associates reported revenue of €79.4 million for the first quarter of 2026, a 9.4% decrease at average exchange rates compared to the previous year. This decline was in line with the group's expectations, which followed the implementation of an optimization plan that led to the discontinuation of certain non-strategic activities. In Europe, the revenue decline was limited to 4.4% excluding discontinued activities. In North America, the public sector contributed to a 12.2% decrease. In Asia-Pacific, delayed contract renewals impacted results.
The group remains confident in its refocusing strategy, aimed at improving profitability and revenue quality in the short and medium term. The optimization plan will gradually strengthen organic growth and financial performance.
R. H.
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