Atos Announces Reorganization Aiming to Restart Sales Growth
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Atos SE said it will simplify its organization and cut expenses as the embattled French IT group works to return to growth after years of setbacks.
Under the plan, Atos aims to reach €9 billion ($10.1 billion) to €10 billion in sales in 2028, which could be achieved with deals, and about a 10% operating margin, the group said in a statement ahead of its capital markets day on Wednesday. Atos said it expects revenue to decline by about 11% to €8.5 billion this year from a year ago.