Atos provides additional information on its 2021 financial figures

Paris, February 9th, 2022

Referring to EU regulation No. 596/2014, which offers that issuers shall tell the general public as quickly as achievable of within data directly appropriate to them, Atos provides today more information and facts on its 2021 financial figures, next its January 10, 2022, preliminary announcement.

In the context of an accelerated transfer to the cloud, the Team resolved in 2021 to reposition its action portfolio and to focus on Electronic, Cloud, Safety and Decarbonization pursuits, absent from classic infrastructure providers and Unified Communications & Collaboration. In light of this transform in strategy and the refocusing on escalating companies, the Team carried out a extensive examination of foreseeable future recoverability of assets and profitability of legacy contracts. As announced in January 10, 2022, this evaluation direct to impairment of property, primarily pertaining to legacy activities.

Today, the Team is in a place to suggest that impairment of goodwill and other non-existing assets will sum to c. €1.9 billion. As a direct consequence, an impairment will be booked to mirror the reduce recognition of the deferred tax assets of the Team.

The Group will also reserve in H2 2021 an impairment of contract belongings, reserves for negative debts and provision for future losses for up to c. €0.5 billion resulting generally from the outcomes pointed out over and the reassessment of contracts which includes the fiscal services BPO agreement in the British isles.

All impacts described over will be documented in the Other Working Earnings and Price area of the Group’s 2021 consolidated P&L, with no effects on the Group’s running margin and funds move.

The Team estimates that its 2021 Income will be c. €10.8 billion, a lessen of c.-2.6% at continuous forex (vs . c.-2.4% introduced on January 10) and the Functioning Margin to be c. 3.5% (as opposed to c.4% declared on January 10) mostly because of to final assessment of the economic products and services BPO contract in the Uk. The No cost Cash Move remains unchanged at c. €-420 million.

The preliminary figures in this press release have been reviewed by Atos’ board of directors on February 9, 2022 and are not audited.

The Team will publish its 2021 success as properly as its goals for 2022 on February 28, 2022.

This in depth review and the ensuing impairments are a crucial step for the Group, which can now entirely aim on its turnaround approach to be shared with traders for the duration of the capital markets day in Q2.

 

Convention simply call

Atos’ management invitations you to an worldwide convention phone, on Thursday, February 10, 2022 at 08:00 am (CET – Paris) chaired by Rodolphe Belmer, CEO.

You can join the webcast of the conference:

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

Throughout the 10 minutes prior to the beginning of the phone, you will want to use the conference entry information and facts delivered in the e mail been given upon registration.

Soon after the meeting, a replay of the webcast will be available on atos.web, in the Traders area.

 

Appendix

January 10th preliminary figures February 10th update
Income development at frequent currency c. -2.4% c. -2.6%
% Operating Margin to revenue c. 4% c. 3.5%
Free Income Stream c. €-420 million c. €-420 million

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Forthcoming events

February 28, 2022 (Immediately after Market Near) Whole Year 2021 final results

April 27, 2022 (Before Market place Opening) 1st Quarter 2022 earnings

May possibly 18, 2022 Annual Basic Conference

July 27, 2022 (Before Market place Opening) To start with semester 2022 effects

Contacts

Trader Relations: [email protected]

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

Obtain the PDF variation here

About Atos

Atos is a international chief in electronic transformation with 107,000 workers and annual revenue of around € 11 billion. European selection one particular in cybersecurity, cloud and significant effectiveness computing, the Team gives tailor-made conclude-to-end options for all industries in 71 nations. A pioneer in decarbonization products and services and goods, Atos is committed to a secure and decarbonized electronic for its purchasers. Atos is an SE (Societas Europaea), outlined on Euronext Paris and provided in the CAC 40 ESG and Up coming 20 indexes.

The function of Atos is to aid design and style the upcoming of the information and facts space. Its expertise and products and services guidance the enhancement of awareness, education and learning and investigate in a multicultural tactic and lead to the development of scientific and technological excellence. Across the world, the Team enables its customers and staff members, and associates of societies at significant to live, get the job done and build sustainably, in a risk-free and safe facts house.

Disclaimers

This doc has forward-searching statements that involve threats and uncertainties, which includes references, relating to the Group’s anticipated development and profitability in the potential which may well drastically effect the expected functionality indicated in the ahead-searching statements. These pitfalls and uncertainties are linked to things out of the control of the Organization and not precisely believed, this sort of as market place problems or competitor’s behaviors. Any ahead-wanting statements designed in this doc are statements about Atos’ beliefs and expectations and need to be evaluated as such. Ahead-hunting statements involve statements that may possibly relate to Atos’ plans, targets, methods, plans, upcoming events, potential revenues or synergies, or efficiency, and other details that is not historic details. True gatherings or outcomes may differ from individuals explained in this doc due to a amount of dangers and uncertainties that are explained inside the 2020 Common Registration Document filed with the Autorité des Marchés Financiers (AMF) on April 7, 2021 less than the registration range D.21-0269 and the Modification to the 2020 Common Registration Paperwork filed with the AMF on July 30, 2021 less than amount D.21-0269-A01. Atos does not undertake, and precisely disclaims, any obligation or obligation to update or amend any of
the information higher than apart from as or else needed by regulation. This doc does not have or represent an offer of Atos’ shares for sale or an invitation or inducement to make investments in Atos’ shares in France, the United States of America or any other jurisdiction.

Profits natural and organic growth is presented at continual scope and exchange premiums.

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