Report
Nicolas David

Atos : € 3.4bn of net losses in FY 2023. No FY 2024 guidance provided. Atos enters into amicable conciliation to finalise refinancing by July 2024

>€ 2.5bn of non-cash impairments in FY 2023, leading to € 3.4bn net losses - Following the preliminary earnings release of 28 Feb. (org growth, operating margin and FCF were disclosed), Atos released this morning its definitive FY 2023 earnings, showing the following details:1/ € 907m of reorganisation, rationalisation costs and other exceptional items (ODDO BHF: € 700m); 2/ € 2546m of non-cash goodwill and other non-current assets impairment (o/w € 1.92bn a...
Underlying
Atos SE

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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