Atos provides additional information on its 2021 financial figures

Lavern Vogel

Paris, February 9th, 2022

Referring to EU regulation No. 596/2014, which presents that issuers shall inform the general public as quickly as feasible of inside data instantly relevant to them, Atos supplies nowadays additional info on its 2021 money figures, next its January 10, 2022, preliminary announcement.

In the context of an accelerated go to the cloud, the Team decided in 2021 to reposition its action portfolio and to aim on Electronic, Cloud, Protection and Decarbonization pursuits, away from typical infrastructure solutions and Unified Communications & Collaboration. In light of this improve in tactic and the refocusing on expanding products and services, the Group done a detailed assessment of long term recoverability of property and profitability of legacy contracts. As declared in January 10, 2022, this evaluation lead to impairment of property, predominantly pertaining to legacy things to do.

Now, the Group is in a situation to point out that impairment of goodwill and other non-recent belongings will total to c. €1.9 billion. As a direct consequence, an impairment will be booked to reflect the lessen recognition of the deferred tax property of the Group.

The Team will also ebook in H2 2021 an impairment of contract assets, reserves for undesirable money owed and provision for foreseeable future losses for up to c. €0.5 billion resulting mostly from the consequences stated above and the reassessment of contracts like the economic solutions BPO deal in the Uk.

All impacts explained above will be noted in the Other Running Profits and Cost section of the Group’s 2021 consolidated P&L, with no influence on the Group’s operating margin and cash stream.

The Team estimates that its 2021 Earnings will be c. €10.8 billion, a minimize of c.-2.6% at regular forex (as opposed to c.-2.4% declared on January 10) and the Functioning Margin to be c. 3.5% (as opposed to c.4% declared on January 10) mainly because of to ultimate assessment of the money services BPO deal in the British isles. The Free of charge Income Circulation remains unchanged at c. €-420 million.

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

The Group will publish its 2021 outcomes as very well as its aims for 2022 on February 28, 2022.

This extensive review and the resulting impairments are a crucial stage for the Team, which can now entirely concentrate on its turnaround prepare to be shared with traders for the duration of the money marketplaces day in Q2.

 

Conference contact

Atos’ administration invites you to an global convention 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 offered with Participant Dial In Figures, a Direct Event Passcode and a special Registrant ID.

For the duration of the 10 minutes prior to the starting of the connect with, you will require to use the conference accessibility details furnished in the electronic mail been given on registration.

Just after the meeting, a replay of the webcast will be out there on atos.internet, in the Buyers part.

 

Appendix

January 10th preliminary figures February 10th update
Income growth at constant currency c. -2.4% c. -2.6%
% Operating Margin to earnings c. 4% c. 3.5%
Totally free Cash Circulation c. €-420 million c. €-420 million

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Forthcoming activities

February 28, 2022 (Following Marketplace Shut) Total Year 2021 results

April 27, 2022 (Prior to Marketplace Opening) Initially Quarter 2022 profits

Might 18, 2022 Annual Common Conference

July 27, 2022 (In advance of Market place Opening) To start with semester 2022 final results

Contacts

Investor Relations: [email protected]

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

Download the PDF version below

About Atos

Atos is a world wide chief in digital transformation with 107,000 staff members and annual income of more than € 11 billion. European number one particular in cybersecurity, cloud and substantial functionality computing, the Group presents tailor-made conclusion-to-stop alternatives for all industries in 71 nations. A pioneer in decarbonization products and services and products, Atos is fully commited to a safe and decarbonized digital for its shoppers. Atos is an SE (Societas Europaea), detailed on Euronext Paris and incorporated in the CAC 40 ESG and Upcoming 20 indexes.

The reason of Atos is to help design and style the potential of the details space. Its expertise and companies aid the enhancement of understanding, education and learning and investigate in a multicultural approach and contribute to the enhancement of scientific and technological excellence. Throughout the earth, the Team allows its shoppers and staff, and members of societies at large to reside, do the job and acquire sustainably, in a secure and protected facts space.

Disclaimers

This doc incorporates forward-looking statements that require challenges and uncertainties, together with references, about the Group’s expected development and profitability in the long term which might drastically impression the envisioned general performance indicated in the ahead-wanting statements. These risks and uncertainties are linked to factors out of the command of the Firm and not precisely believed, these as industry problems or competitor’s behaviors. Any ahead-hunting statements designed in this document are statements about Atos’ beliefs and expectations and really should be evaluated as this sort of. Forward-on the lookout statements consist of statements that could relate to Atos’ strategies, targets, methods, ambitions, future events, long run revenues or synergies, or efficiency, and other info that is not historical details. Genuine occasions or results may perhaps vary from all those described in this doc thanks to a selection of risks and uncertainties that are explained in the 2020 Common Registration Doc filed with the Autorité des Marchés Financiers (AMF) on April 7, 2021 underneath the registration quantity D.21-0269 and the Modification to the 2020 Universal Registration Documents filed with the AMF on July 30, 2021 below variety D.21-0269-A01. Atos does not undertake, and exclusively disclaims, any obligation or responsibility to update or amend any of the information above apart from as in any other case expected by legislation. This doc does not consist of or represent 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.

Revenue organic and natural development is offered at consistent scope and exchange charges.

Industries consist of Producing (Aerospace, Automotive, Substances, Consumer Packaged Items (Meals & Beverage), Discrete Manufacturing, Method Industries, Providers and Siemens), Monetary Expert services & Insurance coverage (Insurance policies, Banking & Money Products and services, and Company Transformation Solutions), General public Sector & Protection (Protection, Schooling, Extraterritorial Organizations, Public Administration, General public Group Products and services and Key Gatherings), Telecom, Media & Technologies (Superior Tech & Engineering, Media, and Telecom), Sources & Providers (Energy, Retail, Transportation & Hospitality, and Utilities) and Healthcare & Life Sciences (Healthcare and Pharmaceutical).

Regional Enterprise Models include North The usa (United states of america, Canada, Guatemala and Mexico), Northern Europe (United Kingdom & Ireland, 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 Escalating Marketplaces including Asia-Pacific (Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand), South The us (Argentina, Brazil, Chile, Colombia, Uruguay, and Peru), Middle East & Africa (Algeria, Benin, Burkina Faso, Egypt, Gabon, Ivory Coastline, Kenya, Kingdom of Saudi Arabia, Madagascar, Mali, Mauritius, Morocco, Qatar, Senegal, South Africa, Tunisia, Turkey and UAE), Key Situations and World Shipping Centers.

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