French IT group Atos misses revenue forecast on contract terminations, soft market

Quick Summary:

Atos missed its annual revenue forecast on Wednesday, dented by contract terminations and market weakness, but saw improved order intake following a restructuring plan that restored client confidence and averted financial collapse.

The French IT group's 2024 revenue stood at 9.57 billion euros ($10.

FILE PHOTO: Figurines with computers and smartphones are seen in front of Atos logo in this illustration taken, February 19, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFinland

Topics: Wednesday Financial Atos Revenue Group Forecast French Salle Last Year 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 14:32:43 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 288 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26676388

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