Atos : Mixed prospects for margins and FCF but valuation already at floor level
>Q4 2020 organic growth in line Full-year targets reached - Yesterday morning, Atos reported Q4 2020 sales reflecting an organic contraction of 2.9%, broadly in line with expectations (ODDO BHF: -2.7%), reflecting a further improvement relative to previous quarters (-3.4% in Q3; -4.7% in Q2). The improvement is particularly noticeable in B&PS (Application Services), which declined by -7.1% (vs -8.9% in Q3), while IDM (Infrastructure Management) saw its growth slow to ...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.