Atos : Growth momentum deteriorated sharply in Q3...adding to the (many) other problems that the group must manage
>Q3 organic growth -3%, a clear deterioration, below forecasts - Atos reported yesterday before trading Q3 sales of € 2,590m, c.-4% below forecasts, mainly due to weaker than expected organic growth: -3% organic (vs consensus: 0%, ODDO BHF: 1%). This reflects another major deterioration in growth momentum after an already mixed Q2 (Q1: +2.8% org. Q2: +1.6% org). A slowdown was naturally expected due to tougher base effects, but Atos also suffers from erosion in underl...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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