Atos provides additional information on its 2021 financial figures

Paris, February 9th, 2022

Referring to EU regulation No. 596/2014, which gives that issuers shall inform the general public as quickly as probable of inside of data instantly relevant to them, Atos gives right now supplemental data on its 2021 money figures, next its January 10, 2022, preliminary announcement.

In the context of an accelerated go to the cloud, the Team made a decision in 2021 to reposition its action portfolio and to concentrate on Electronic, Cloud, Safety and Decarbonization functions, away from traditional infrastructure products and services and Unified Communications & Collaboration. In light of this transform in technique and the refocusing on rising products and services, the Team carried out a complete investigation of upcoming recoverability of belongings and profitability of legacy contracts. As introduced in January 10, 2022, this analysis lead to impairment of property, generally pertaining to legacy actions.

Right now, the Team is in a position to show that impairment of goodwill and other non-current assets will volume to c. €1.9 billion. As a immediate consequence, an impairment will be booked to reflect the decreased recognition of the deferred tax assets of the Team.

The Team will also ebook in H2 2021 an impairment of deal assets, reserves for terrible money owed and provision for future losses for up to c. €0.5 billion resulting generally from the outcomes talked about earlier mentioned and the reassessment of contracts such as the economic companies BPO deal in the Uk.

All impacts described earlier mentioned will be described in the Other Functioning Cash flow and Price area of the Group’s 2021 consolidated P&L, with no influence on the Group’s functioning margin and funds movement.

The Group estimates that its 2021 Revenue will be c. €10.8 billion, a lower of c.-2.6% at frequent currency (compared to c.-2.4% introduced on January 10) and the Functioning Margin to be c. 3.5% (as opposed to c.4% declared on January 10) largely because of to ultimate assessment of the fiscal services BPO contract in the United kingdom. The Absolutely free Income Stream stays unchanged at c. €-420 million.

The preliminary figures in this push release have been reviewed by Atos’ board of directors on February 9, 2022 and are not audited.

The Group will publish its 2021 success as nicely as its objectives for 2022 on February 28, 2022.

This in depth overview and the resulting impairments are a important phase for the Group, which can now completely focus on its turnaround strategy to be shared with buyers throughout the capital markets working day in Q2.

 

Conference call

Atos’ administration invitations you to an worldwide conference get in touch with, on Thursday, February 10, 2022 at 08:00 am (CET – Paris) chaired by Rodolphe Belmer, CEO.

You can join the webcast of the meeting:

On registration, you will be supplied with Participant Dial In Figures, a Immediate Celebration Passcode and a unique Registrant ID.

For the duration of the 10 minutes prior to the beginning of the call, you will need to have to use the convention obtain data furnished in the email acquired on registration.

After the convention, a replay of the webcast will be available on atos.internet, in the Investors section.

 

Appendix

January 10th preliminary figures February 10th update
Profits progress at regular forex c. -2.4% c. -2.6%
% Working Margin to revenue c. 4% c. 3.5%
Absolutely free Income Circulation c. €-420 million c. €-420 million

.

.

Forthcoming occasions

February 28, 2022 (Immediately after Marketplace Shut) Comprehensive Calendar year 2021 outcomes

April 27, 2022 (Ahead of Market Opening) First Quarter 2022 income

May possibly 18, 2022 Yearly Basic Conference

July 27, 2022 (In advance of Market place Opening) First semester 2022 success

Contacts

Investor Relations: [email protected]

Press: Anette Rey +33 6 69 79 84 88 [email protected]

Obtain the PDF model listed here

About Atos

Atos is a world wide leader in electronic transformation with 107,000 employees and annual revenue of in excess of € 11 billion. European number a person in cybersecurity, cloud and significant overall performance computing, the Group offers tailor-made end-to-conclude alternatives for all industries in 71 international locations. A pioneer in decarbonization providers and items, Atos is dedicated to a protected and decarbonized digital for its purchasers. Atos is an SE (Societas Europaea), listed on Euronext Paris and bundled in the CAC 40 ESG and Upcoming 20 indexes.

The function of Atos is to enable style the future of the data room. Its experience and expert services assist the improvement of knowledge, education and learning and research in a multicultural technique and add to the growth of scientific and technological excellence. Across the world, the Group allows its consumers and workforce, and associates of societies at large to stay, operate and create sustainably, in a safe and secure data room.

Disclaimers

This doc has forward-looking statements that contain dangers and uncertainties, which include references, about the Group’s envisioned growth and profitability in the upcoming which may possibly considerably influence the anticipated performance indicated in the ahead-on the lookout statements. These dangers and uncertainties are linked to elements out of the handle of the Company and not precisely approximated, this kind of as sector conditions or competitor’s behaviors. Any forward-on the lookout statements manufactured in this doc are statements about Atos’ beliefs and expectations and should really be evaluated as these kinds of. Forward-wanting statements involve statements that may possibly relate to Atos’ designs, objectives, approaches, aims, foreseeable future situations, future revenues or synergies, or overall performance, and other information and facts that is not historical information. Precise occasions or results may possibly differ from all those described in this document due to a amount of threats and uncertainties that are explained inside of the 2020 Common Registration Document filed with the Autorité des Marchés Financiers (AMF) on April 7, 2021 below the registration number D.21-0269 and the Modification to the 2020 Universal Registration Files submitted with the AMF on July 30, 2021 underneath number D.21-0269-A01. Atos does not undertake, and especially disclaims, any obligation or accountability to update or amend any of the details previously mentioned apart from as normally essential by regulation. This document does not have or represent an give of Atos’ shares for sale or an invitation or inducement to commit in Atos’ shares in France, the United States of The usa or any other jurisdiction.

Profits organic and natural growth is introduced at continuous scope and trade rates.

Industries consist of Producing (Aerospace, Automotive, Chemical substances, Client Packaged Goods (Food & Beverage), Discrete Producing, Process Industries, Expert services and Siemens), Fiscal Providers & Coverage (Insurance plan, Banking & Financial Expert services, and Company Transformation Providers), General public Sector & Protection (Protection, Education and learning, Extraterritorial Organizations, Community Administration, General public Group Companies and Big Gatherings), Telecom, Media & Engineering (Superior Tech & Engineering, Media, and Telecom), Methods & Companies (Electricity, Retail, Transportation & Hospitality, and Utilities) and Health care & Daily life Sciences (Healthcare and Pharmaceutical).

Regional Business Models include things like North The united states (United states, Canada, Guatemala and Mexico), Northern Europe (United Kingdom & Ireland, Belgium, Denmark, Estonia, Belarus, Finland, Lithuania, Luxembourg, The Netherlands, Poland, Russia and Sweden), Central Europe (Germany, Austria, Bulgaria, Bosnia, Croatia, Czech Republic, Greece, Hungary, Romania, Serbia, Slovenia, Slovakia, Israel, and Switzerland), Southern Europe (France, Andorra, Spain, Portugal and Italy) and Escalating Marketplaces such as Asia-Pacific (Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand), South The united states (Argentina, Brazil, Chile, Colombia, Uruguay, and Peru), Middle East & Africa (Algeria, Benin, Burkina Faso, Egypt, Gabon, Ivory Coast, Kenya, Kingdom of Saudi Arabia, Madagascar, Mali, Mauritius, Morocco, Qatar, Senegal, South Africa, Tunisia, Turkey and UAE), Significant Activities and International Supply Centers.

Next Post

Esurance

If you’re bringing your brick and mortar store on-line or planning to launch an eCommerce store, having a advertising and marketing strategy in place would improve your chances of success. In latest a long time, states modeled some of their property and enterprises after business enterprises. In 2003, for instance, […]