In Q1 20, organic revenue decreased by 0.8% due essentially to Business & Platform Solutions (-4.9%). As expected the Infrastructure & Data Management was resilient (-0.5%), while Big Data & Cybersecurity was strong (+16.3%). Atos implemented a cost savings programme representing €400m in 2020. Finally, the group provided guidance for 2020 (organic revenue down -2%/-4%, operating margin 9.0-9.5% of revenue) which highlight such times and cancelled the payment of a dividend wi
22 Apr 2020
Mix of resilient and cyclical business
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Mix of resilient and cyclical business
Atos SE (ATO:WBO) | 0 0 1.4% | Mkt Cap: 12,966m
- Published:
22 Apr 2020 -
Author:
Hélène Coumes -
Pages:
3
In Q1 20, organic revenue decreased by 0.8% due essentially to Business & Platform Solutions (-4.9%). As expected the Infrastructure & Data Management was resilient (-0.5%), while Big Data & Cybersecurity was strong (+16.3%). Atos implemented a cost savings programme representing €400m in 2020. Finally, the group provided guidance for 2020 (organic revenue down -2%/-4%, operating margin 9.0-9.5% of revenue) which highlight such times and cancelled the payment of a dividend wi