Atos provides additional information on its 2021 financial figures

Paris, February 9th, 2022

Referring to EU regulation No. 596/2014, which presents that issuers shall tell the general public as soon as probable of inside of data right appropriate to them, Atos gives today additional info on its 2021 financial figures, pursuing its January 10, 2022, preliminary announcement.

In the context of an accelerated move to the cloud, the Team decided in 2021 to reposition its exercise portfolio and to target on Digital, Cloud, Stability and Decarbonization things to do, absent from basic infrastructure companies and Unified Communications & Collaboration. In light of this alter in method and the refocusing on growing solutions, the Team executed a comprehensive assessment of upcoming recoverability of belongings and profitability of legacy contracts. As introduced in January 10, 2022, this investigation lead to impairment of belongings, generally pertaining to legacy actions.

Right now, the Team is in a place to suggest that impairment of goodwill and other non-existing belongings will quantity to c. €1.9 billion. As a direct consequence, an impairment will be booked to replicate the reduce recognition of the deferred tax belongings of the Team.

The Group will also reserve in H2 2021 an impairment of agreement belongings, reserves for poor debts and provision for potential losses for up to c. €0.5 billion resulting mainly from the consequences pointed out above and the reassessment of contracts which includes the economic products and services BPO agreement in the Uk.

All impacts explained over will be described in the Other Functioning Money and Expenditure portion of the Group’s 2021 consolidated P&L, with no effects on the Group’s running margin and money flow.

The Group estimates that its 2021 Revenue will be c. €10.8 billion, a minimize of c.-2.6% at constant currency (versus c.-2.4% declared on January 10) and the Operating Margin to be c. 3.5% (vs . c.4% declared on January 10) generally due to closing assessment of the money services BPO contract in the United kingdom. The Totally free Funds Flow remains unchanged at c. €-420 million.

The preliminary figures in this press launch have been reviewed by Atos’ board of administrators on February 9, 2022 and are not audited.

The Group will publish its 2021 effects as perfectly as its aims for 2022 on February 28, 2022.

This comprehensive evaluation and the ensuing impairments are a crucial phase for the Team, which can now fully emphasis on its turnaround program to be shared with buyers all through the money markets day in Q2.

 

Meeting get in touch with

Atos’ management invitations you to an worldwide convention connect with, 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:

Upon registration, you will be provided with Participant Dial In Quantities, a Direct Party Passcode and a distinctive Registrant ID.

Through the 10 minutes prior to the beginning of the call, you will have to have to use the meeting obtain data provided in the e-mail acquired upon registration.

Right after the conference, a replay of the webcast will be obtainable on atos.net, in the Traders portion.

 

Appendix

	January 10th preliminary figures	February 10th update
Income expansion at continual forex	c. -2.4%	c. -2.6%
% Running Margin to income	c. 4%	c. 3.5%
Free of charge Hard cash Circulation	c. €-420 million	c. €-420 million

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Forthcoming occasions

February 28, 2022 (After Marketplace Shut) Complete Yr 2021 success

April 27, 2022 (Prior to Market Opening) 1st Quarter 2022 earnings

May possibly 18, 2022 Annual Standard Meeting

July 27, 2022 (Prior to Market Opening) To start with semester 2022 effects

Contacts

Investor Relations: [email protected]

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

Obtain the PDF version below

About Atos

Atos is a world chief in digital transformation with 107,000 employees and yearly earnings of around € 11 billion. European number a person in cybersecurity, cloud and large functionality computing, the Group presents tailored conclusion-to-finish remedies for all industries in 71 international locations. A pioneer in decarbonization services and merchandise, Atos is fully commited to a protected and decarbonized electronic for its customers. Atos is an SE (Societas Europaea), outlined on Euronext Paris and involved in the CAC 40 ESG and Subsequent 20 indexes.

The goal of Atos is to assist layout the potential of the information and facts place. Its skills and providers support the growth of knowledge, education and analysis in a multicultural method and contribute to the development of scientific and technological excellence. Across the planet, the Group allows its prospects and workers, and associates of societies at large to live, do the job and develop sustainably, in a secure and secure information room.

Disclaimers

This doc is made up of forward-wanting statements that contain hazards and uncertainties, together with references, about the Group’s expected development and profitability in the long run which may perhaps drastically effect the anticipated performance indicated in the forward-wanting statements. These hazards and uncertainties are joined to elements out of the command of the Enterprise and not specifically believed, these kinds of as industry problems or competitor’s behaviors. Any forward-wanting statements produced in this document are statements about Atos’ beliefs and anticipations and should really be evaluated as these. Ahead-looking statements include statements that might relate to Atos’ strategies, objectives, tactics, targets, long term functions, potential revenues or synergies, or overall performance, and other facts that is not historical data. True occasions or outcomes may perhaps vary from individuals explained in this document owing to a quantity of pitfalls and uncertainties that are explained within just the 2020 Universal Registration Doc filed with the Autorité des Marchés Financiers (AMF) on April 7, 2021 under the registration amount D.21-0269 and the Amendment to the 2020 Universal Registration Documents filed with the AMF on July 30, 2021 underneath variety D.21-0269-A01. Atos does not undertake, and specially disclaims, any obligation or accountability to update or amend any of the info previously mentioned besides as or else needed by regulation. This document does not have or represent an offer of Atos’ shares for sale or an invitation or inducement to commit in Atos’ shares in France, the United States of The usa or any other jurisdiction.

Revenue natural progress is offered at consistent scope and trade prices.

Industries include Manufacturing (Aerospace, Automotive, Chemical substances, Client Packaged Goods (Foods & Beverage), Discrete Manufacturing, Procedure Industries, Providers and Siemens), Economic Products and services & Coverage (Coverage, Banking & Money Expert services, and Small business Transformation Providers), Public Sector & Defense (Protection, Instruction, Extraterritorial Corporations, Public Administration, General public Local community Services and Main Gatherings), Telecom, Media & Engineering (High Tech & Engineering, Media, and Telecom), Resources & Providers (Electricity, Retail, Transportation & Hospitality, and Utilities) and Health care & Life Sciences (Health care and Pharmaceutical).

Regional Business Units incorporate North The us (Usa, 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 Developing Marketplaces 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), Center 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 Gatherings and International Supply Centers.