All the latest financial press releases concerning Atos.Financial press releases
Financial press releases
Agreement reached between Atos and Unisys regarding the lawsuit filed by Unisys against Atos and two Atos employees
Atos announces that it has signed with Unisys an agreement to resolve the lawsuit filed by Unisys against Atos and two Atos employees in the U.S. District Court for the Eastern District of Pennsylvania.
Annual General Meeting to approve the 2023 financial statements to be held on January 31, 2025 at 10:00am CET at the Company’s headquarters
annual-general-meeting-to-approve-the-2023-financial-statements-to-be-held-on-january-31-2025-at-1000am-cet-at-the-companys-headquarters
Atos completes the sale of Worldgrid to ALTEN for an enterprise value of €270 million
Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, today announces that it has completed the sale of its Worldgrid business unit to ALTEN SA (“ALTEN”) for an enterprise value of €270 million.
Atos receives non-binding offer from the French State to acquire its Advanced Computing activities for an enterprise value of €500 million and up to €625 million including earn-outs
Atos receives non-binding offer from the French State to acquire its Advanced Computing activities for an enterprise value of €500 million and up to €625 million including earn-outs
Market Update
Further to the agreement announced on June 26, 2024 between Atos SE (“Atos”), Bull SA and the French State, Atos announces that Bull SA has issued today a preferred share (action de préférence) for the benefit of the French State to protect national interests in respect of certain activities carried out by the Atos Group.
Atos signs binding agreement to sell Worldgrid to ALTEN for an enterprise value of €270 million
Following its press release dated June 11, 2024, Atos today announces that it has signed a Share & Asset Purchase Agreement with ALTEN SA (“ALTEN”) for the sale of its Worldgrid business unit for an enterprise value of €270 million.
US District Court for the Southern District of New York orders a new trial on compensatory damages in Atos’ litigation with TriZetto
On October 23, 2024, as part of Syntel’s ongoing litigation with Cognizant and its subsidiary TriZetto, the United States District Court for the Southern District of New York ordered a new trial as to what compensatory damages Syntel, now part of Atos, would be liable for due to Syntel’s alleged trade secret misappropriation and copyright infringement.
Decisive new step in the completion of the financial restructuring: Atos’ accelerated safeguard plan approved by the specialized Commercial Court of Nanterre
Atos SE (“Atos” or the “Company”) announces today that, by judgment dated October 24, 2024, the specialized Commercial Court of Nanterre (the “Court”), after having acknowledged, pursuant to the provisions of article L. 626-31 of the French Code de commerce, that all legal conditions had been satisfied, has approved the accelerated safeguard plan of Atos (the “Plan”), presented at the hearing of October 15, 2024.
Third quarter 2024 revenue in line with September 2nd Business Plan
Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, today announces its revenue for the third quarter of 2024.
Atos appoints Philippe Salle Chairman of the Board of Directors with effect from October 14, 2024 and Chairman and Chief Executive Officer from February 01, 2025
Atos today announces the appointment of Philippe Salle as Chairman of the Board of Directors of the Company with immediate effect and as Chairman and Chief Executive Officer with effect from February 01, 2025.
Update on ongoing discussions with the French state concerning BDS's Advanced Computing, Mission-Critical Systems and Cybersecurity Products businesses
Expiry of the non-binding confirmatory offer received from the French State for the potential acquisition of the Advanced Computing, Mission-Critical Systems and Cybersecurity Products businesses of BDS Alternative proposal sent by Atos to the French State to continue discussions on the targeted perimeter Protection rights granted as planned to the French State over sovereign and sensitive activities via the issuance by year-end of a preferred share (action de préférence) by Bull SA No impact of the expiry of
Very strong support of Atos SE’ shareholders and financial creditors meeting as classes of affected parties vote on the draft accelerated safeguard plan
Cancels and replaces the press release dated September 27, 2024. The Company corrects an editorial error regarding the total amount in euros of the voting rights of the class of financial unsecured claims n°2 indicated in Schedule 1 of the press release, without any impact on the results of the votes. Please read “4,759,163,062.24 euros” instead of “5,055,413,062.24 euros”, resulting in a percentage of votes expressed compared to the total voting rights
Extension of the accelerated safeguard proceedings period
The Company announces today that it has obtained, from the specialized Commercial Court of Nanterre, the additional two-months initially planned for the accelerated safeguard proceedings
Availability of the adjusted draft accelerated safeguard plan
The shareholders of Atos SE and the affected financial creditors, meeting as classes of affected parties, have been convened to vote on the draft accelerated safeguard plan submitted to them, under the conditions indicated in this press release.
Market update - September 6, 2024
Convening of Atos shareholders and creditors gathered in classes of affected parties to vote on the draft accelerated safeguard plan Availability of the draft accelerated safeguard plan
Market update – September 2, 2024
Atos updates its financial projections for 2024-2027 to reflect H1 2024 results, the current business environment in its key markets, and the expected impact on free cash flow No impact on the key terms of the financial restructuring plan agreed by a majority of the financial creditors and on 2024-2027 liquidity needs Lower cash interest expense reflecting the terms and conditions of the financial restructuring plan Positive cash generation expected in 2026, while lower than previously planned Leverage ratio
Atos reports first half 2024 results
Successful funding of Atos financial restructuring plan Revenue of €4,964m down -2.7% organically Eviden down -4.2% organically reflecting continued market softness in the Americas and the UK Tech Foundations down -1.4% organically reflecting lower scope of work with certain customers in Americas and Central Europe
Market Update – July 24, 2024
The Court opens the accelerated safeguard proceedings to implement Atos pre-arranged financial restructuring plan Decision taken by the Court considering the strong level of support from the financial creditors Accelerated safeguard proceedings only impacts financial debt (RCF, TL, bonds) and share capital of Atos SE; no impact on suppliers, employees and other claims held on Atos SE Court hearing for the approval of the accelerated safeguard plan expected on October 15, 2024 Following Court approval, implementation of the plan through
Market update – July 15, 2024
Successful funding of the Atos financial restructuring plan
Market update - July 5, 2024
Following its press release dated June 30, 2024 and as part of its interim financing process, Atos announces the close of the syndication of the additional tranches for €225 million and €350 million and the receipt of the required waiver from the banks under the €1.5 billion term loan of the Company. These additional tranches of €225 million and €350 million of revolving credit facility are subject to an amendment of the facilities previously provided by a group of bondholders
Market update - June 30, 2024
Agreement reached on financial restructuring terms between the Company and a group of banks and bondholders Significant milestone towards reaching a final restructuring agreement by July Main terms of Atos’ financial restructuring plan: Contribution of €233 million by way of a capital increase with preferential subscription right, €75 million of which is backstopped by the bondholders participating to the new financings (described below) in cash and €100 million is backstopped by the Participating Creditors by debt equitization Equitization
Market update - June 27, 2024
Resignation of Mr. David Layani and Ms. Helen Lee-Bouygues from the Board of Directors Paris, France - June 27, 2024 Atos SE (“Atos” or the “Company”) has been informed by Mr. David Layani and Ms. Helen Lee Bouygues of their resignation from the Board of Directors with immediate effect with a view to Onepoint's intention to withdraw from the Company’s share capital. *** Disclaimer This document contains forward-looking statements that involve risks and uncertainties, including references, concerning the Group
Market Update - June 26, 2024
Revised global financial restructuring proposal received from the representative committee of bondholders (SteerCo) taking into account the end of discussions with Onepoint, Butler Industries and Econocom Business activities in line with the business plan presented on April 29, 2024 Finalization of the agreement aimed at protecting the sovereign interests of the French State with respect to certain activities carried out by the Atos group Objective of reaching a definitive financial restructuring agreement by July 2024 remains unchanged EPEI also proposed
Market update – June 20, 2024
Update on the targeted €800 million short-term interim financing Final structure agreed for the €450 million short-term interim financing previously committed: €100 million Facilitiesprovided by a group of bondholders (fully drawn) €50 million loan from the French State (fully drawn) €225 million additional tranche of facilities backstopped by a group of banks for €125 million and a group of bondholders for €100 million, subject to a waiver from the banks under the €1.5 billion term loan of the
Market Update - June 14, 2024
Non-binding confirmatory offer letter received from the French State for the potential acquisition of BDS's Advanced Computing, Mission-Critical Systems and Cybersecurity Products businesses Proposed enterprise value of €700 million Discussions to follow with the French State Objective of reaching a definitive financial restructuring agreement with the Onepoint consortiumand financial creditors by July 2024 unchanged Paris, France - June 14, 2024 As part of the discussions initiated with the French State announced to the market by a press release dated