Report
Nicolas David

Atos : Croissance org. T4 et objectifs 2021 rassurants. Sortie partielle de Worldline

>Meilleure croissance org. au T4. FCF en ligne malgré une moindre MOA - En marge de son CMD, Atos a dévoilé ses résultats FY 2018, faisant ressortir une croissance org. T4 de +1.2% bien supérieure aux attentes (+0.4%). Ce rebond par rapport au T3 (+0.1% y/y org.) est principalement lié à l’Allemagne (grâce à IDM) et à la France (grâce à BDS). La MOA ressort à 10.3%, inférieure aux attentes et au bas de fourchette de guidance (10.5%) en raison d’une baisse de rentabili...
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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