Report
Nicolas David

Atos : A reassuring message on recovery and FCF

>Gradual improvement in activity - During a call organised for North American clients, the CFO of Atos confirmed the trend of improvement in activity in July and August. In particular, the vertical manufacturing approach, which had been strongly affected by lockdown, is picking up. The pipeline is also holding up well, with several major deals (several hundred € m) expected to be signed (and, if possible, announced) by the end of the quarter. At this stage, it is diff...
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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