Atos provides additional information on its 2021 financial figures

Paris, February 9th, 2022

Referring to EU regulation No. 596/2014, which delivers that issuers shall inform the community as shortly as feasible of inside of data specifically suitable to them, Atos offers right now added information and facts on its 2021 economical figures, pursuing its January 10, 2022, preliminary announcement.

In the context of an accelerated transfer to the cloud, the Group decided in 2021 to reposition its activity portfolio and to aim on Electronic, Cloud, Security and Decarbonization things to do, absent from traditional infrastructure providers and Unified Communications & Collaboration. In gentle of this adjust in system and the refocusing on growing services, the Group carried out a in depth investigation of potential recoverability of belongings and profitability of legacy contracts. As declared in January 10, 2022, this investigation direct to impairment of assets, generally pertaining to legacy things to do.

Now, the Team is in a situation to suggest that impairment of goodwill and other non-present belongings will sum to c. €1.9 billion. As a direct consequence, an impairment will be booked to reflect the reduce recognition of the deferred tax property of the Team.

The Team will also reserve in H2 2021 an impairment of deal assets, reserves for undesirable money owed and provision for long term losses for up to c. €0.5 billion ensuing mostly from the outcomes described earlier mentioned and the reassessment of contracts together with the economic companies BPO deal in the United kingdom.

All impacts described earlier mentioned will be documented in the Other Working Revenue and Price segment of the Group’s 2021 consolidated P&L, with no influence on the Group’s operating margin and hard cash move.

The Team estimates that its 2021 Income will be c. €10.8 billion, a decrease of c.-2.6% at regular forex (as opposed to c.-2.4% introduced on January 10) and the Operating Margin to be c. 3.5% (as opposed to c.4% announced on January 10) primarily due to final evaluation of the economic providers BPO agreement in the British isles. The Absolutely free Funds Circulation continues to be unchanged at c. €-420 million.

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

The Group will publish its 2021 final results as perfectly as its goals for 2022 on February 28, 2022.

This in depth review and the resulting impairments are a critical action for the Team, which can now totally target on its turnaround program to be shared with traders all through the funds markets working day in Q2.

 

Conference call

Atos’ administration invitations you to an global meeting contact, on Thursday, February 10, 2022 at 08:00 am (CET – Paris) chaired by Rodolphe Belmer, CEO.

You can be part of the webcast of the conference:

On registration, you will be supplied with Participant Dial In Numbers, a Immediate Party Passcode and a one of a kind Registrant ID.

Throughout the 10 minutes prior to the starting of the connect with, you will have to have to use the convention access details furnished in the e mail acquired on registration.

After the meeting, a replay of the webcast will be accessible on atos.web, in the Buyers section.

 

Appendix

January 10th preliminary figures February 10th update
Income advancement at continuous currency c. -2.4% c. -2.6%
% Functioning Margin to profits c. 4% c. 3.5%
Free of charge Money Movement c. €-420 million c. €-420 million

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Forthcoming situations

February 28, 2022 (Following Industry Close) Whole Year 2021 outcomes

April 27, 2022 (Ahead of Current market Opening) To start with Quarter 2022 income

May 18, 2022 Annual Normal Meeting

July 27, 2022 (Before Sector Opening) Very first semester 2022 success

Contacts

Investor Relations: [email protected]

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

Download the PDF edition here

About Atos

Atos is a world wide leader in digital transformation with 107,000 staff and annual profits of around € 11 billion. European quantity a single in cybersecurity, cloud and substantial overall performance computing, the Team gives tailor-made finish-to-conclude options for all industries in 71 international locations. A pioneer in decarbonization expert services and merchandise, Atos is committed to a protected and decarbonized digital for its consumers. Atos is an SE (Societas Europaea), outlined on Euronext Paris and included in the CAC 40 ESG and Following 20 indexes.

The intent of Atos is to help style and design the upcoming of the information room. Its experience and services help the improvement of information, training and study in a multicultural strategy and add to the advancement of scientific and technological excellence. Throughout the globe, the Group allows its shoppers and staff, and associates of societies at huge to live, get the job done and acquire sustainably, in a risk-free and secure information and facts space.

Disclaimers

This document has forward-seeking statements that require hazards and uncertainties, like references, concerning the Group’s envisioned advancement and profitability in the long term which could appreciably effects the anticipated general performance indicated in the ahead-on the lookout statements. These hazards and uncertainties are joined to components out of the manage of the Company and not precisely estimated, this sort of as current market situations or competitor’s behaviors. Any forward-on the lookout statements designed in this doc are statements about Atos’ beliefs and expectations and must be evaluated as this kind of. Forward-on the lookout statements involve statements that might relate to Atos’ strategies, goals, approaches, aims, long run situations, upcoming revenues or synergies, or performance, and other details that is not historical info. Precise functions or final results may differ from all those described in this document thanks to a selection of challenges and uncertainties that are explained in the 2020 Universal Registration Document submitted with the Autorité des Marchés Financiers (AMF) on April 7, 2021 underneath the registration number D.21-0269 and the Modification to the 2020 Common Registration Files filed with the AMF on July 30, 2021 under amount D.21-0269-A01. Atos does not undertake, and particularly disclaims, any obligation or obligation to update or amend any of the facts higher than apart from as in any other case necessary by law. This document does not have or constitute an present of Atos’ shares for sale or an invitation or inducement to invest in Atos’ shares in France, the United States of The us or any other jurisdiction.

Earnings natural expansion is offered at constant scope and trade fees.

Industries include things like Manufacturing (Aerospace, Automotive, Chemical substances, Customer Packaged Merchandise (Food stuff & Beverage), Discrete Manufacturing, Method Industries, Companies and Siemens), Economical Companies & Insurance coverage (Insurance, Banking & Monetary Providers, and Enterprise Transformation Solutions), Community Sector & Defense (Protection, Training, Extraterritorial Businesses, General public Administration, Public Local community Solutions and Big Situations), Telecom, Media & Know-how (Large Tech & Engineering, Media, and Telecom), Sources & Expert services (Electricity, Retail, Transportation & Hospitality, and Utilities) and Health care & Lifetime Sciences (Health care and Pharmaceutical).

Regional Business enterprise Models contain North The united states (United states of america, Canada, Guatemala and Mexico), Northern Europe (United Kingdom & Eire, Belgium, Denmark, Estonia, Belarus, Finland, Lithuania, Luxembourg, The Netherlands, Poland, Russia and Sweden), Central Europe (Germany, Austria, Bulgaria, Bosnia, Croatia, Czech Republic, Greece, Hungary, Romania, Serbia, Slovenia, Slovakia, Israel, and Switzerland), Southern Europe (France, Andorra, Spain, Portugal and Italy) and Increasing Marketplaces together with Asia-Pacific (Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand), South America (Argentina, Brazil, Chile, Colombia, Uruguay, and Peru), Middle East & Africa (Algeria, Benin, Burkina Faso, Egypt, Gabon, Ivory Coast, Kenya, Kingdom of Saudi Arabia, Madagascar, Mali, Mauritius, Morocco, Qatar, Senegal, South Africa, Tunisia, Turkey and UAE), Main Events and International Shipping and delivery Facilities.