Atos provides additional information on its 2021 financial figures

Paris, February 9th, 2022

Referring to EU regulation No. 596/2014, which provides that issuers shall notify the public as before long as doable of inside of details immediately relevant to them, Atos provides right now more data on its 2021 fiscal figures, pursuing its January 10, 2022, preliminary announcement.

In the context of an accelerated shift to the cloud, the Group made a decision in 2021 to reposition its action portfolio and to focus on Electronic, Cloud, Security and Decarbonization things to do, away from vintage infrastructure solutions and Unified Communications & Collaboration. In light of this improve in strategy and the refocusing on developing companies, the Group done a thorough analysis of future recoverability of assets and profitability of legacy contracts. As announced in January 10, 2022, this evaluation lead to impairment of belongings, primarily pertaining to legacy functions.

Currently, the Team is in a place to suggest that impairment of goodwill and other non-present assets will amount to c. €1.9 billion. As a direct consequence, an impairment will be booked to replicate the decreased recognition of the deferred tax assets of the Team.

The Group will also e book in H2 2021 an impairment of contract belongings, reserves for negative money owed and provision for potential losses for up to c. €0.5 billion ensuing primarily from the results stated over and the reassessment of contracts together with the economic solutions BPO deal in the British isles.

All impacts described previously mentioned will be documented in the Other Operating Earnings and Cost area of the Group’s 2021 consolidated P&L, with no influence on the Group’s functioning margin and dollars stream.

The Team estimates that its 2021 Revenue will be c. €10.8 billion, a reduce of c.-2.6% at regular forex (vs . c.-2.4% introduced on January 10) and the Working Margin to be c. 3.5% (compared to c.4% declared on January 10) predominantly owing to last evaluation of the economical products and services BPO agreement in the British isles. The Cost-free Money Stream stays unchanged at c. €-420 million.

The preliminary figures in this press release were being reviewed by Atos’ board of administrators on February 9, 2022 and are not audited.

The Group will publish its 2021 outcomes as effectively as its aims for 2022 on February 28, 2022.

This extensive review and the ensuing impairments are a important move for the Group, which can now totally aim on its turnaround approach to be shared with traders for the duration of the cash marketplaces day in Q2.

 

Meeting contact

Atos’ administration invites you to an worldwide meeting call, on Thursday, February 10, 2022 at 08:00 am (CET – Paris) chaired by Rodolphe Belmer, CEO.

You can sign up for the webcast of the conference:

On registration, you will be provided with Participant Dial In Numbers, a Immediate Party Passcode and a unique Registrant ID.

During the 10 minutes prior to the commencing of the connect with, you will will need to use the conference obtain facts furnished in the electronic mail been given upon registration.

Right after the meeting, a replay of the webcast will be obtainable on atos.web, in the Buyers part.

 

Appendix

January 10th preliminary figures February 10th update
Revenue growth at constant forex c. -2.4% c. -2.6%
% Operating Margin to profits c. 4% c. 3.5%
Absolutely free Money Flow c. €-420 million c. €-420 million

.

.

Forthcoming situations

February 28, 2022 (Right after Marketplace Close) Whole Year 2021 outcomes

April 27, 2022 (In advance of Market Opening) Very first Quarter 2022 income

May well 18, 2022 Yearly Common Assembly

July 27, 2022 (Before Current market Opening) 1st semester 2022 results

Contacts

Investor Relations: [email protected]

Press: Anette Rey +33 6 69 79 84 88 [email protected]

Download the PDF version in this article

About Atos

Atos is a worldwide chief in digital transformation with 107,000 staff members and annual revenue of about € 11 billion. European quantity 1 in cybersecurity, cloud and large general performance computing, the Team provides customized end-to-conclusion methods for all industries in 71 nations around the world. A pioneer in decarbonization products and services and solutions, Atos is dedicated to a safe and decarbonized digital for its clientele. Atos is an SE (Societas Europaea), stated on Euronext Paris and provided in the CAC 40 ESG and Next 20 indexes.

The objective of Atos is to help design the foreseeable future of the data house. Its abilities and providers assistance the growth of expertise, schooling and research in a multicultural technique and contribute to the advancement of scientific and technological excellence. Throughout the environment, the Team enables its shoppers and staff members, and users of societies at big to dwell, get the job done and produce sustainably, in a secure and secure facts area.

Disclaimers

This doc contains forward-on the lookout statements that include risks and uncertainties, like references, regarding the Group’s predicted progress and profitability in the foreseeable future which could substantially affect the envisioned general performance indicated in the forward-searching statements. These hazards and uncertainties are linked to things out of the regulate of the Business and not precisely approximated, this kind of as marketplace situations or competitor’s behaviors. Any forward-looking statements built in this doc are statements about Atos’ beliefs and anticipations and ought to be evaluated as these kinds of. Forward-on the lookout statements involve statements that may relate to Atos’ ideas, goals, approaches, ambitions, long term events, future revenues or synergies, or general performance, and other information and facts that is not historical data. True functions or benefits may possibly differ from all those described in this doc due to a amount of dangers and uncertainties that are explained inside the 2020 Common Registration Document submitted with the Autorité des Marchés Financiers (AMF) on April 7, 2021 beneath the registration number D.21-0269 and the Amendment to the 2020 Common Registration Files filed with the AMF on July 30, 2021 under selection D.21-0269-A01. Atos does not undertake, and specifically disclaims, any obli
gation or duty to update or amend any of the info previously mentioned apart from as usually essential by legislation. This doc does not contain or constitute an give of Atos’ shares for sale or an invitation or inducement to devote in Atos’ shares in France, the United States of The usa or any other jurisdiction.

Earnings natural and organic expansion is offered at continual scope and trade costs.

Industries consist of Producing (Aerospace, Automotive, Chemical substances, Customer Packaged Products (Food & Beverage), Discrete Production, Process Industries, Products and services and Siemens), Financial Expert services & Insurance plan (Coverage, Banking & Financial Expert services, and Company Transformation Providers), Community Sector & Protection (Defense, Instruction, Extraterritorial Organizations, Community Administration, General public Neighborhood Products and services and Main Functions), Telecom, Media & Technology (Higher Tech & Engineering, Media, and Telecom), Sources & Products and services (Energy, Retail, Transportation & Hospitality, and Utilities) and Health care & Lifetime Sciences (Healthcare and Pharmaceutical).

Regional Enterprise Units consist of North America (United states, Canada, Guatemala and Mexico), Northern Europe (United Kingdom & Ireland, Belgium, Denmark, Estonia, Belarus, Finland, Lithuania, Luxembourg, The Netherlands, Poland, Russia and Sweden), Central Europe (Germany, Austria, Bulgaria, Bosnia, Croatia, Czech Republic, Greece, Hungary, Romania, Serbia, Slovenia, Slovakia, Israel, and Switzerland), Southern Europe (France, Andorra, Spain, Portugal and Italy) and Expanding Markets such as Asia-Pacific (Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand), South America (Argentina, Brazil, Chile, Colombia, Uruguay, and Peru), Middle East & Africa (Algeria, Benin, Burkina Faso, Egypt, Gabon, Ivory Coast, Kenya, Kingdom of Saudi Arabia, Madagascar, Mali, Mauritius, Morocco, Qatar, Senegal, South Africa, Tunisia, Turkey and UAE), Significant Events and World wide Delivery Facilities.