Report
Nicolas David

Atos : Several positive announcements that need to be followed up with action

>Definitive accounts confirm H1 preliminary results - Atos published yesterday its H1 2021 figures confirming the preliminary results published earlier this month. Among the additional details we find: i/ a very weak top-line trend in Central Europe (down c. -10.3% at cc in Q2) while North America improved sequentially (-2% at cc in Q2) ; ii/ a weak H1 operating margin in the vertical public sector & defence (2.5% in H1 2021 vs 9.4% in H1 2020) explaining part of the ...
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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