Atos: Q3 sales down 3% organically
(CercleFinance.com) - IT services group Atos has announced Q3 2023 sales of E2.
59bn, down 8.1% y-o-y as reported, and down 3% in organic terms.
Again in organic terms, the Eviden business line grew 2.3%, with a solid contribution from big data and cybersecurity, while Tech Foundations fell by 7.2%, with a 4.9% decline in its core business due to portfolio streamlining.
Announcing an order intake of E2.2bn in the past quarter, up 10%, Atos confirms all its targets for 2023, including organic sales growth of up to 2% and an operating margin of 4% to 5%.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
59bn, down 8.1% y-o-y as reported, and down 3% in organic terms.
Again in organic terms, the Eviden business line grew 2.3%, with a solid contribution from big data and cybersecurity, while Tech Foundations fell by 7.2%, with a 4.9% decline in its core business due to portfolio streamlining.
Announcing an order intake of E2.2bn in the past quarter, up 10%, Atos confirms all its targets for 2023, including organic sales growth of up to 2% and an operating margin of 4% to 5%.
Copyright (c) 2023 CercleFinance.com. All rights reserved.