Atos: Q3 sales -4.4% at E2,305m

(CercleFinance.com) - Group sales amounted to E2,305m in Q3 2024, down -4.
4% organically y-o-y, as anticipated.

Overall, the group's Q3 sales reflect the slowdown in market conditions and remain in line with the business plan communicated on 2 September, management says.

Eviden's sales amounted to E1,093m, down 6.4% organically. Tech Foundations sales totaled E1,212m, down 2.6% organically.

Group order intake totaled E1,526m. Order intake for Eviden was E794m, and E733m for Tech Foundations.

At end-September 2024, the group's order book stood at E14.7bn, representing 1.4 years of sales. Total sales proposals amounted to E5.7bn at end-September 2024.


For the full year 2024, the Group forecasts a mid-single-digit organic decline in sales, corresponding to sales of around 9.7 billion euros, an operating margin of around 238 million euros excluding additional provisions to be booked for certain underperforming contracts, a change in cash before debt repayment of around -783 million euros excluding the unwinding of working capital optimization actions of around 1.8 billion euros at December 31, 2023.

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