Atos: FY earnings up a third
(CercleFinance.com) - Atos has published a 33% increase in its 2020 net income, group share to 550 million euros, with an operating profit of 1 billion euros, or 9.
0% of revenue, compared with 10.1% in 2019 on a like-for-like basis.
Revenue came in at 11.18 billion euros, down 3% organically and down 2.3% at constant exchange rates, in the context of the Covid-19 crisis and restrictions and lockdowns in most countries where the group operates.
In 2021, Atos targets sales growth at constant exchange rates of +3.5% to 4%, an operating margin that is up by +40-to-80 bp and free cash flow of 550 to 600 million euros.
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0% of revenue, compared with 10.1% in 2019 on a like-for-like basis.
Revenue came in at 11.18 billion euros, down 3% organically and down 2.3% at constant exchange rates, in the context of the Covid-19 crisis and restrictions and lockdowns in most countries where the group operates.
In 2021, Atos targets sales growth at constant exchange rates of +3.5% to 4%, an operating margin that is up by +40-to-80 bp and free cash flow of 550 to 600 million euros.
Copyright (c) 2021 CercleFinance.com. All rights reserved.