Atos provides additional information on its 2021 financial figures

Paris, February 9th, 2022

Referring to EU regulation No. 596/2014, which supplies that issuers shall inform the public as soon as attainable of within data right applicable to them, Atos provides today additional details on its 2021 economic figures, subsequent its January 10, 2022, preliminary announcement.

In the context of an accelerated move to the cloud, the Team made the decision in 2021 to reposition its exercise portfolio and to focus on Digital, Cloud, Stability and Decarbonization activities, away from common infrastructure products and services and Unified Communications & Collaboration. In light-weight of this transform in method and the refocusing on escalating products and services, the Group performed a thorough investigation of long term recoverability of assets and profitability of legacy contracts. As declared in January 10, 2022, this evaluation lead to impairment of assets, largely pertaining to legacy activities.

Today, the Team is in a situation to suggest that impairment of goodwill and other non-present-day property will sum to c. €1.9 billion. As a immediate consequence, an impairment will be booked to replicate the reduce recognition of the deferred tax belongings of the Team.

The Group will also e book in H2 2021 an impairment of contract property, reserves for lousy debts and provision for upcoming losses for up to c. €0.5 billion resulting largely from the effects described above and the reassessment of contracts such as the fiscal expert services BPO contract in the British isles.

All impacts explained previously mentioned will be claimed in the Other Functioning Revenue and Cost part of the Group’s 2021 consolidated P&L, with no effect on the Group’s operating margin and money movement.

The Team estimates that its 2021 Profits will be c. €10.8 billion, a minimize of c.-2.6% at consistent forex (versus c.-2.4% introduced on January 10) and the Working Margin to be c. 3.5% (as opposed to c.4% announced on January 10) predominantly thanks to closing assessment of the economical providers BPO contract in the Uk. The Absolutely free Cash Stream stays unchanged at c. €-420 million.

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

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

This extensive assessment and the ensuing impairments are a essential stage for the Team, which can now fully focus on its turnaround approach to be shared with traders all through the cash markets working day in Q2.

 

Meeting simply call

Atos’ administration invitations you to an international conference contact, 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 meeting:

Upon registration, you will be presented with Participant Dial In Numbers, a Direct Party Passcode and a exclusive Registrant ID.

All through the 10 minutes prior to the starting of the phone, you will have to have to use the convention obtain information supplied in the e mail been given on registration.

Soon after the meeting, a replay of the webcast will be out there on atos.internet, in the Traders part.

 

Appendix

January 10th preliminary figures February 10th update
Earnings advancement at regular forex c. -2.4% c. -2.6%
% Running Margin to profits c. 4% c. 3.5%
Cost-free Hard cash Move c. €-420 million c. €-420 million

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Forthcoming situations

February 28, 2022 (Soon after Current market Shut) Comprehensive 12 months 2021 results

April 27, 2022 (Right before Current market Opening) To start with Quarter 2022 income

May perhaps 18, 2022 Yearly Typical Conference

July 27, 2022 (In advance of Current market Opening) 1st semester 2022 final results

Contacts

Trader Relations: [email protected]

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

Obtain the PDF version here

About Atos

Atos is a world-wide leader in electronic transformation with 107,000 employees and once-a-year revenue of over € 11 billion. European amount just one in cybersecurity, cloud and substantial effectiveness computing, the Group delivers personalized conclusion-to-conclusion alternatives for all industries in 71 nations. A pioneer in decarbonization providers and items, Atos is committed to a secure and decarbonized digital for its purchasers. Atos is an SE (Societas Europaea), mentioned on Euronext Paris and integrated in the CAC 40 ESG and Up coming 20 indexes.

The objective of Atos is to aid layout the potential of the information area. Its experience and services assist the advancement of information, education and exploration in a multicultural approach and add to the growth of scientific and technological excellence. Across the environment, the Group permits its customers and employees, and members of societies at large to stay, do the job and produce sustainably, in a risk-free and secure information and facts place.

Disclaimers

This document consists of ahead-wanting statements that involve pitfalls and uncertainties, such as references, concerning the Group’s expected growth and profitability in the future which may well significantly impression the predicted effectiveness indicated in the forward-hunting statements. These threats and uncertainties are linked to factors out of the control of the Company and not precisely approximated, these kinds of as industry circumstances or competitor’s behaviors. Any ahead-looking statements built in this document are statements about Atos’ beliefs and anticipations and should really be evaluated as this kind of. Ahead-on the lookout statements involve statements that may relate to Atos’ programs, targets, techniques, aims, long run activities, foreseeable future revenues or synergies, or performance, and other info that is not historical details. Real activities or results could vary from all those explained in this document because of to a number of dangers and uncertainties that are described in just the 2020 Common Registration Doc submitted with the Autorité des Marchés Financiers (AMF) on April 7, 2021 below the registration range D.21-0269 and the Amendment to the 2020 Common Registration Paperwork filed with the AMF on July 30, 2021 under variety D.21-0269-A01. Atos does not undertake, and especially disclaims, any obligation or duty to update or amend any of the info earlier mentioned apart from as normally expected by regulation. This doc does not consist of or constitute an offer of Atos’ shares for sale or an invitation or inducement to commit in Atos’ shares in France, the United States of The united states or any other jurisdiction.

Earnings organic development is presented at frequent scope and exchange fees.

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