Report
Nicolas David

Atos : Relief on liquidity but operating numbers short of expectations

>Q2 growth broadly in line. Weak growth for Evidian - Atos yesterday morning reported Q2 revenue of €2,816m, broadly in line with expectations. The topline was down 0.5% at constant exchange rates and 1.9% on an organic basis, also in line with expectations. This reflects a slight improvement vs Q1 (-2.4% yoy organic) thanks to a stronger than expected recovery in Northern Europe. By contrast, the Americas and Southern Europe saw their contraction intensify over the q...
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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