Atos lowers guidance, works on restructuring plan for German operations

Tuesday 13 July 2021 | 09:50 CET | News
France-based ICT group Atos has revised downwards its 2021 financial guidance following a lower-than-expected performance in the first half of the year. Despite strong demand for cloud services, organic revenue growth remained negative in the six months to June (-1.5% approximately), hurt by an accelerated decline in Atos' legacy infrastructure business. In the same period, the operating margin rate was lower than expected, at around 5.5 percent.

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Categories: IT
Companies: Atos
Countries: Germany / World
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