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Atos: cuts FY targets

(CercleFinance.com) - Atos says that it is updating its 2018 targets, and now targets organic sales growth of +1% (vs.
+2% to +3% previously), as well as the lower end of its operating margin range of 10.5% to 11%.

The IT services group reported Q3 revenues of 2,884 million euros, up 1.8% at constant exchange rates and restated for IFRS 15, with 0.1% growth at constant exchange rates and restated for IFRS 15.

While Business & Platform Solutions, Big Data & Cybersecurity and Worldline have continued solid and sustainable growth, Chairman and CEO Thierry Breton says Infrastructure & Data Management were disappointing in North America and Germany.



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