Report
Nicolas David ...
  • Salma Bouraoui

Atos : H1 2019 publication broadly good but poorly received by the market

>IDM recovering more quickly than expected. Temporary slowdown in B&PS - After the publication of H1 2019 results on Thursday morning, we have been on a road show in Paris with Atos’ management. The tone was broadly positive. H1 results were in line with the group’s ambitions for the full year and management sees no real inflection in demand.Organic growth was 1.1% in Q2 2019 (vs 0.9% forecast) reflecting a marked improvement in the trend at IDM, which was only ...
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

Salma Bouraoui

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