The decrease in organic revenue (-3.5%) was as expected in Q3 20. The Big Data & Cybersecurity division continued to benefit from high double-digit organic growth. The trend was much better upstream with new orders up 20% (excluding the €3.0bn contract signed with Siemens). This good achievement enables us to expect a positive turnaround in organic revenue next year (Q2 21). Atos reassured by confirming the targeted cost savings and catch-up of cash in H2 20.
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Very strong order intake
The decrease in organic revenue (-3.5%) was as expected in Q3 20. The Big Data & Cybersecurity division continued to benefit from high double-digit organic growth. The trend was much better upstream with new orders up 20% (excluding the €3.0bn contract signed with Siemens). This good achievement enables us to expect a positive turnaround in organic revenue next year (Q2 21). Atos reassured by confirming the targeted cost savings and catch-up of cash in H2 20.