Report
Nicolas David

Atos : Improvement in momentum in prospect

>The recovery in North America is well under way… - Excl. Syntel, Atos anticipates stable organic growth in H2 2019 (vs c. -9% in Q1). Note that +7 points of growth will come from the end of the negative impact linked to the contracts lost last year (Marriott and S&P). The rest of the recovery will come from the ramp-up of contracts signed last year, bearing in mind that there is a lower risk of a loss of contracts as less than 10% of sales is up for renewal this yea...
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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