Troubled Atos Trims Sales Forecast as Customers End Contracts
The Atos SE headquarters in the Bezons suburb of Paris.
Photographer: Anita Pouchard Serra/BloombergThis article is for subscribers only.
Atos SE cut its outlook for the year and revised its business plan through 2027 after some clients terminated or delayed awarding contracts with the embattled French IT company.
The company now sees revenue of €9.7 billion ($10.7 billion) for 2024, compared with €9.8 billion previously announced, and an operating margin of 2.4% instead of 2.9%, according to a statement on Monday. In the longer term, for 2027, Atos cut its revenue target to €10.6 billion from the €11 billion.