“First quarter 2016 revenue”
Bezons, April 21, 2016
- Revenue at € 2,757 million
- +15.0% at constant exchange rates
- +1.6% organically
- Order entry at € 2,794 million
- +27% year-on-year
- Book to bill ratio at 101%
- A strong start of the year reinforcing the achievement of all 2016 objectives
Atos, a global leader in digital services, today announces its 2016 first quarter revenue. Revenue was € 2,757 million, up +1.6% organically and +15.0% at constant exchange rates. Order entry was € 2,794 million leading to a book to bill ratio of 101%.
Thierry Breton, Chairman and CEO said: “The Group had a strong start of the year both in revenue and bookings and experienced its highest Q1 commercial performance since I joined the Company. This materializes the strong alignment of our global offerings with the demand of our clients for transformational and automated managed services and digitization. We are continuously winning market share in cloud transformation and reinforcing our expertise in new fast growing digital businesses such as predictive and cognitive analytic solutions with Atos Codex.
Following the first quarter, we are very confident in the achievement of all the 2016 objectives, driving profitable growth through high value technologies and innovative solutions.”
Q1 2016 revenue performance by Service Line
|In € million||Q1 2016||Q1 2015*||% organic||% at constant exchange rates|
|Consulting & Systems Integration||778||774||+0.4%||+0.4%|
|Big Data & Cybersecurity||137||122||+12.2%||+12.0%|
|Total IT Services||2,470||2,445||+1.0%||+16.1%|
* At constant scope and exchange rates
In Managed Services, the Group continued to successfully drive the transition of its customers to hybrid cloud infrastructures resulting in positive organic growth, thanks to an increase in volumes and gains in market share through new contracts. Managed Services revenue was € 1,555 million, +26.4% at constant exchange rates and +0.4% at constant scope and exchange rates. Growth materialized in Germany thanks to increasing revenue with Siemens, in North America with new contracts in hybrid cloud, and in Asia Pacific with higher volumes in Financial Services.
In Consulting & Systems Integration revenue was € 778 million, up +0.4% at constant scope and exchange rates. This return to growth was supported by the strong sales dynamic (110% book to bill in Q1 after 133% in Q4) and the workforce management enabling a utilization rate improvement. In Germany the situation continued to improve with a positive revenue growth led by a high level of order entry. Revenue grew in France thanks to several new projects mainly in the public sector.
Revenue increase accelerated in Big Data & Cybersecurity, up +12.2% organically to reach € 137 million in the first quarter of 2016. The growth was led by new contracts in Electronic Protection Systems in France, in Cybersecurity in the UK, in sales of software licenses in Germany, and High Performance Computing in Iberia. Demand remained very strong for encryption, access management, and Intrusion testing solutions as well as for Big Data services.
From a contributive perspective to Atos, Worldline revenue was € 287 million, improving by +6.7% organically. All three Global Business Lines contributed to the growth, with acceleration in Commercial Acquiring thanks to increasing volumes. Financial Processing growth was mainly driven by high volumes recorded on issuing and acquiring processing as well as eSEPA platforms.
A detailed presentation of Worldline 2016 first quarter revenue is available at worldline.com, in the investors section.