Atos : An H1 2020 publication broadly in line with our expectations
>Q2 sales in line with organic growth slightly better than expected - Atos yesterday morning reported Q2 2020 sales of € 2,794m, broadly in line with expectations (ODDO BHF: € 2,813m; consensus: € 2,775m). Organic growth was -4.8%, a shade above our expectations (ODDO BHF: -5.0% organic; consensus: -5.5% organic), marking an acceleration vs Q1 2020 (-0.8% organic). This contraction is mainly due to the group’s cyclical activities (B&PS), which have reported a contrac...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.
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.
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