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.