Report
Nicolas David

Atos : Atos offers some resilience in Q1 and visibility on the rest of the year

>Q1 sales in line. IDM and BDS resilient but B&PS under pressure - Atos yesterday morning reported Q1 2020 sales of € 2.83bn, in line with expectations. Organic growth reached -0.8%, also in line (cons: -0.9%; ODDO BHF: -0.5%). The deviation from the trajectory of around +2% in organic terms initially expected stems, not surprisingly, from the impact of COVID-19. Infrastructure outsourcing (IDM – down -0.5% org. as expected) and big data & security (BDS – up +16% vs O...
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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