Assystem nine-month revenue rises 2.8% organically on France, UK nuclear activity growth

Overview

• France nuclear engineering group's nine-month revenue rose 2.8% organically to €492.1 mln

• H1 EBIT-A rose 3.4% with margin up to 6.4%

• Company updated 2026 targets to about 3% organic revenue growth and 7% EBIT-A margin

Outlook

• Assystem expects full-year 2026 organic revenue growth of about 3%

• Company targets 2026 EBIT-A margin of around 7% of consolidated revenue

Result Drivers

• NUCLEAR ACTIVITY GROWTH - Co said strong organic growth in nuclear activities, particularly in France and the UK, drove nine-month revenue

• FRANCE PERFORMANCE - Co attributed revenue growth in France to robust activity in nuclear projects and ongoing development programs

• CONTRACT EXECUTION - Co said higher H1 operating profitability reflected quality of contract performance and customer engagement

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the construction & engineering peer group is "buy"

• Wall Street's median 12-month price target for Assystem SA is €50.00, about 47.5% above its October 26 closing price of €33.90

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago

Reuters Recommended Reads

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)