Report
Nicolas David

Atos : Q4/FY 2022 results and 2023 guidance tough to interpret

>Lukewarm Q4 organic growth given comparison base effects. Solid Q4 bookings - Yesterday after the close Atos reported Q4/FY 2022 results. Q4 revenue came to € 2,960m, 5.3% above consensus (which seems strangely low) but 1.5% below our forecast (ODDO BHF estimate: € 3,005m, consensus: € 2,811m). Organic growth came to 4.6% (ODDO BHF estimate: 6.2%, consensus: 2.4%). This was an improvement vs Q3 (-0.1% org.) but lower than the very favourable comparison base effect on...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch