Atos Sees Negative North American Growth, but Big Data, Cybersecurity Strong; Keeping EUR 95 FVE
Atos’ first-quarter results met expectations, despite issues with North American sales caused by management discontinuity. The company posted significant and consistent growth in Big Data and cybersecurity and mild single-digit growth in its Worldline and business and platform solutions divisions. The infrastructure and data management division was the most affected by North America’s issues, with sales declining in the quarter, but management was confident that a reorganization of the North Ame...Atos is an international information technology services company operating in 52 countries. Co.'s customers are sectors like Public Sector and Utilities, Telecoms and Media, Financial Services, Process Industries and Discrete Manufacturing and Consumer Products and Retail. Co. operates in seven geographical segments: Germany; France; Benelux and The Nordics; U.K. and Ireland; Atos Worldline; Central & Eastern Europe; North America; Iberia; and Other Countries. Co. delivers IT services through the following five segments: Managed Services, Systems Integration, Consulting, Worldline: ePayment Services, and Cloud & Enterprise Software.
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