Organic revenue growth accelerated in Q4 19 as expected (+2.2% vs +1.8% in Q3 19) thanks to BDS (+28% vs +18% in Q3 19) and the confirmation of a positive trend in IDM (+0.3% vs +0.8% in Q3 19). In 2019, the operating margin improved to 10.3% of revenue (+0.5pt organically) thanks to an increase in IDM. Conversely, B&PS was disappointing as the cost synergies related to Syntel were offset by various negative items. No surprise on 2020 guidance.
19 Feb 2020
Globally in line with expectations
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Globally in line with expectations
Atos SE (ATO:WBO) | 0 0 1.4% | Mkt Cap: 12,966m
- Published:
19 Feb 2020 -
Author:
Hélène Coumes -
Pages:
3
Organic revenue growth accelerated in Q4 19 as expected (+2.2% vs +1.8% in Q3 19) thanks to BDS (+28% vs +18% in Q3 19) and the confirmation of a positive trend in IDM (+0.3% vs +0.8% in Q3 19). In 2019, the operating margin improved to 10.3% of revenue (+0.5pt organically) thanks to an increase in IDM. Conversely, B&PS was disappointing as the cost synergies related to Syntel were offset by various negative items. No surprise on 2020 guidance.