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 inform the general public as before long as attainable of inside of facts straight pertinent to them, Atos presents nowadays extra facts on its 2021 economic figures, next its January 10, 2022, preliminary announcement.

In the context of an accelerated transfer to the cloud, the Team determined in 2021 to reposition its action portfolio and to target on Digital, Cloud, Security and Decarbonization things to do, absent from traditional infrastructure solutions and Unified Communications & Collaboration. In gentle of this change in approach and the refocusing on growing expert services, the Group carried out a thorough evaluation of long run recoverability of belongings and profitability of legacy contracts. As declared in January 10, 2022, this investigation guide to impairment of assets, largely pertaining to legacy routines.

Currently, the Team is in a posture to point out that impairment of goodwill and other non-latest assets will amount of money to c. €1.9 billion. As a immediate consequence, an impairment will be booked to reflect the reduced recognition of the deferred tax assets of the Group.

The Group will also book in H2 2021 an impairment of agreement assets, reserves for negative money owed and provision for future losses for up to c. €0.5 billion ensuing mostly from the results stated earlier mentioned and the reassessment of contracts like the economical companies BPO agreement in the British isles.

All impacts described previously mentioned will be documented in the Other Running Revenue and Expenditure area of the Group’s 2021 consolidated P&L, with no affect on the Group’s working margin and money move.

The Team estimates that its 2021 Earnings will be c. €10.8 billion, a reduce of c.-2.6% at continuous currency (as opposed to c.-2.4% announced on January 10) and the Operating Margin to be c. 3.5% (versus c.4% announced on January 10) mainly owing to last evaluation of the financial services BPO deal in the Uk. The Cost-free Cash Circulation continues to be unchanged at c. €-420 million.

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

The Team will publish its 2021 outcomes as well as its goals for 2022 on February 28, 2022.

This detailed overview and the resulting impairments are a crucial stage for the Team, which can now thoroughly emphasis on its turnaround strategy to be shared with investors through the capital marketplaces day in Q2.

 

Conference get in touch with

Atos’ administration invites you to an intercontinental conference get in touch with, 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 exclusive Registrant ID.

For the duration of the 10 minutes prior to the starting of the connect with, you will have to have to use the meeting entry info supplied in the electronic mail been given upon registration.

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

 

Appendix

	January 10th preliminary figures	February 10th update
Earnings expansion at continuous currency	c. -2.4%	c. -2.6%
% Functioning Margin to earnings	c. 4%	c. 3.5%
No cost Income Stream	c. €-420 million	c. €-420 million

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Forthcoming events

February 28, 2022 (Just after Marketplace Near) Comprehensive 12 months 2021 benefits

April 27, 2022 (Right before Current market Opening) 1st Quarter 2022 earnings

May perhaps 18, 2022 Yearly Common Meeting

July 27, 2022 (Right before Sector Opening) Initially semester 2022 success

Contacts

Investor Relations: [email protected]

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

Download the PDF edition below

About Atos

Atos is a world-wide chief in electronic transformation with 107,000 employees and annual profits of in excess of € 11 billion. European variety a person in cybersecurity, cloud and high performance computing, the Team presents tailor-made finish-to-conclusion options for all industries in 71 countries. A pioneer in decarbonization solutions and products and solutions, Atos is dedicated to a secure and decarbonized digital for its clients. Atos is an SE (Societas Europaea), stated on Euronext Paris and incorporated in the CAC 40 ESG and Next 20 indexes.

The objective of Atos is to assist design and style the future of the information and facts house. Its know-how and companies assistance the development of awareness, education and investigation in a multicultural method and contribute to the advancement of scientific and technological excellence. Throughout the environment, the Team allows its consumers and staff, and members of societies at large to reside, function and develop sustainably, in a harmless and protected info place.

Disclaimers

This document includes ahead-wanting statements that involve dangers and uncertainties, which include references, concerning the Group’s envisioned expansion and profitability in the upcoming which may possibly considerably affect the anticipated general performance indicated in the ahead-seeking statements. These hazards and uncertainties are joined to things out of the handle of the Company and not exactly estimated, these types of as marketplace situations or competitor’s behaviors. Any forward-wanting statements manufactured in this doc are statements about Atos’ beliefs and expectations and really should be evaluated as these types of. Ahead-searching statements include things like statements that might relate to Atos’ strategies, goals, approaches, aims, potential functions, potential revenues or synergies, or effectiveness, and other information and facts that is not historical information and facts. Precise gatherings or results may well differ from those explained in this document owing to a amount of threats and uncertainties that are explained within just the 2020 Universal Registration Document filed with the Autorité des Marchés Financiers (AMF) on April 7, 2021 below the registration selection D.21-0269 and the Modification to the 2020 Common Registration Files submitted with the AMF on July 30, 2021 beneath number D.21-0269-A01. Atos does not undertake, and exclusively disclaims, any obligation or obligation to update or amend any of the data above besides as otherwise demanded by regulation. This doc does not incorporate or constitute an give of Atos’ shares for sale or an invitation or inducement to spend in Atos’ shares in France, the United States of The us or any other jurisdiction.

Earnings natural expansion is presented at frequent scope and trade rates.

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