First quarter of 2020
Paris, April 22, 2020 - Atos, a global leader in digital transformation, today announces the revenue of its first quarter of 2020.
A resilient profile and a strong balance sheet to face an unprecedented situation
Revenue at € 2,834 million -0.8% organic growth
Book to bill ratio at 103% Renewals of major contracts in North America
Appropriate business mix to support customers in Covid-19 context
Necessary cost actions being implemented to protect operating margin
SPRING transformation program to an Industry approach well on track
Update of 2020 objectives post Covid-19
Elie Girard, CEO, said: "In this unprecedented environment where uncertainty prevails, our first priority has been to protect our employees while offering full continuity of service to our clients. The Group is solidly positioned to navigate smoothly through the crisis thanks to deep client relationships across all industries, a resilient business mix and a robust balance sheet that provides a strong financial flexibility.
Our 110,000 colleagues across the world have provided an immediate and outstanding response to customers’ challenges and need for support through our “Always Ready” program designed already since the beginning of the year. Now our minds and efforts are turning to the post-Covid times, actively preparing for the “new normal” which will see an acceleration in specific customers’ needs, namely data platforms, cybersecurity, cloud migration, digital workplace and decarbonization.
We revise today our objectives for 2020 demonstrating the resilience of the Group and the willingness to share any impact fairly across stakeholders. I am convinced that Atos will emerge from this global crisis stronger than ever and ready to move forward to the next step.”
Click on the PDF link to read the whole press release: Atos - Q1 2020 revenue