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Altia foresees raising their income 30% in two years, up to 330 million euros in 2026

Altia foresees raising their income 30% in two years, up to 330 million euros in 2026

The technology consultant, which closed the purchase of IN2 at the end of 2024, explores new purchases and confirms their interest in growing in sectors such as defense.

Technology consultancy Altia is outlining its business plan through the end of 2026, with which it expects to reach €330.1 million in revenue by the end of the period, almost 30% higher than in 2024; achieve EBITDA of €36 million (+44% compared to 2024); and achieve a net profit of €24.2 million, which would represent a nearly 60% increase compared to the previous fiscal year.

Although the plan presented this Thursday focuses solely on forecasts based on organic growth, the company admits it plans to close new acquisitions , for which it is already analyzing the market. In 2024, it acquired the firm IN2 , with the aim of growing in Catalonia, and in 2025 it will incorporate the Data and Artificial Intelligence business unit of Verne Technology Group .

The firm's organic growth forecast coincides with two major trends in which the company expects to capture business: the rise of artificial intelligence (AI) and the defense boom . "In AI, we are beginning to reap the rewards of all the investment in learning, training, development, proof of concepts, etc., that we have made over the years. Today, we are signing many projects and I think they are very successful. I honestly think we are doing well; we are very happy with how things are going," says the president of the consultancy, Constantino Fernández , in conversation with EXPANSIÓN.

Regarding the defense industry, where the consulting sector is expanding its specialized teams , the president of Altia confirms that the firm "is interested and already has a presence," marked by the acquisition of Wairbut in 2022, which strengthened the consulting firm's position in the Ministries of the Interior and Defense. "We know the sector and have many references—we have been working with Navantia for many years, for example—and we think this also represents a great opportunity. However, it is a sector where you have to know your ground well, where it is not easy to enter or improvise, " notes Fernández: "There is no doubt that right now, times are coming where the budget, interest, and attention to everything related to defense and security will grow."

Looking ahead to these exercises, Altia also confirms its interest in closing acquisition deals. "We do have our radar on for potential opportunities that may arise, as we have done to date," says Fernández, who describes the consultancy's interest as finding companies that "we can integrate in a healthy way. We try to integrate operations at all levels, at the highest level, the company culture... that entails additional work and requires much more in the prior analysis, because if there are companies that are not so easy to integrate, we must, in that sense, discard them," he notes.

International growth

Altia, which estimates it will close this year with €300 million and exceed €330 million in 2026, is confident that growth will be driven by in-house business development, with an annual growth rate of around 10%, as well as by the implementation of contracts awarded with European bodies such as the EUIPO, EPO and EASA.

The weight of each business line will remain more or less stable until 2026, led by outsourcing , application maintenance, and IT staffing (57.5%), followed by application development (18.1%), managed services (9%), and hardware and software supply (8.3%). The majority of its revenue will continue to come from Spain (53%), Portugal (19%), and the rest of Europe (25%) in 2026; 3% will come from the rest of the world.

This latter aspect underpins its interest in growing in regions like the Americas and the Middle East , with Dubai as its spearhead. "These are two markets where our market share is minimal, so there's still a lot to do. The key is to expand our offering in each of them. We have everything we need to grow," Fernández notes.

Expansion

Expansion

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