Atos SE

ATO

Equity

ISIN FR0000051732 / Valor 167932

Euronext - Euronext Paris (2024-11-21)

EUR 0.16-18.9%

Atos SE
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About company

Atos SE is a prominent player in the field of digital transformation, boasting a workforce of approximately 95,000 employees and generating annual revenues around €11 billion. The company holds a leading position in Europe in the domains of cybersecurity, cloud services, and high-performance computing. It offers bespoke end-to-end solutions across various industries in 69 countries. Atos operates as a Societas Europaea and is publicly traded on the Euronext Paris stock exchange. The company's mission encompasses aiding in the design of the future information space, with a strong emphasis on supporting the advancement of knowledge, education, and research through a multicultural approach. Atos is dedicated to fostering sustainable development within a secure information space for its clients, employees, and society at large. Additionally, Atos is involved in start-up acceleration through its Scaler program, which aims to harness entrepreneurial innovation across industries. The company has also established a significant presence in the digital and cloud workplace sector, recognized for its leadership in managed security services globally. Atos continues to innovate in the digital space, notably with its contributions to advanced computing and the development of the Quantum Learning Machine, positioning itself at the forefront of shaping the future of the information technology landscape.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decline

Atos SE reported a revenue of €4,964 million for H1 2024, which represents a -2.7% organic decline compared to H1 2023. The revenue decrease was primarily driven by a slowdown in market conditions in key geographies such as the Americas and contract scope reductions in the UK.

Operating Margin

The operating margin for Atos SE in H1 2024 was €115 million, or 2.3% of revenue, down -100 basis points organically compared to H1 2023. This decline was mainly due to the allocation of SG&A costs previously categorized under Other expenses, as part of the company's separation project.

Regional Performance

In H1 2024, Atos SE's revenue in the Americas was €1,108 million, down -6.9% organically. This decline was attributed to contract completions and volume reductions in sectors such as Healthcare and Finance. The operating margin in this region was €99 million, or 8.9% of revenue, down -60 basis points organically.

Order Entry and Backlog

Atos SE's order entry for H1 2024 was €3.6 billion, with a book-to-bill ratio of 73%, down from 93% in H1 2023. The backlog at the end of June 2024 was €15.7 billion, representing 1.6 years of revenue, while the full qualified pipeline amounted to €5.4 billion, representing 6.4 months of revenue.

Headcount Reduction

As of the end of June 2024, Atos SE's total headcount was 91,611, a decrease of -3.7% compared to the end of December 2023. During the first half of 2024, the company hired 5,819 new staff, with 94.1% of these hires being direct employees.

Summarized from source with an LLMView Source

Key figures

204%1Y

-46.2%3Y

-71.2%5Y

Performance

124%1Y

91.1%3Y

75.0%5Y

Volatility