Atos reports first quarter 2024 performance [Yahoo! Finance]
ATOS ORIGIN SA UNSP/ADR (AEXAY)
NASDAQ:AMEX Investor Relations:
atos.net/en/investors
Company Research
Source: Yahoo! Finance
Eviden down -3.9% organically, reflecting continued softness in Americas and the UK Tech Foundations down -1.5% organically, reflecting lower scope of work with certain customers in Americas and Central Europe Order entry of €1.6bn for a book-to-bill of 64%, compared with 73% in prior year Eviden book-to-bill at 83%, compared with 79% in prior year, driven by stronger demand in High-Performance Computing Tech Foundations book-to-bill at 47%, compared with 68% in prior year as customers delay contract decisions Operating Margin of €48 million or 1.9% of revenue Eviden at 1.9% and Tech Foundations at 2.0% Cash position of €1.0 bn as of March 31, 2024 Net debt position of €3.9 bn, reflecting a €1.3 bn reduction of working capital actions compared with December 2023 Implementation of interim financing of €450m in progress Business plan presented on April 9 to be adjusted to reflect current business performance and trends Revisions to the 2024-2027 business plan to l
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