Atos SE

Atos SE is an international group of companies providing services in the field. information technology Having a customer base around the world, the company provides high-tech services in the field of consulting, system integration, managed services and,, outsourcing business processes cloud computing security solutions and. managing big data Worldline, a member of the electronic payment market, provides transactional services. Expertise, experience in various technologies, understanding of business in various industries allow us to work with customers in sectors such as:,,,, defense industry financial sector health care media, industrial production,, HOUSING AND PUBLIC UTILITIES public sector retail, and. trade telecommunications transport

Atos focuses on business technologies that promote progress and help organizations build the firm of the future. Atos is a worldwide IT partner of the Olympic and Paralympic Games, and is also represented on the French stock market Euronext Paris. Atos operates under the Atos, Atos Consulting, Atos Worldgrid, Bull, Canopy and Worldline brands.

Performance indicators

2020:3% decrease in revenue to €11,181 million

March 12, 2021 Atos, an international company in the field of digital transformation, shared TAdviser financial with the results of 2020.

Revenue for 2020 amounted to €11,181 million, down 3% in organic terms and 2.3% at constant exchange rates. In the context of the COVID-19 crisis, regular restrictions and quarantine in most countries of Atos presence, revenue decline was minimized due to the sustainability of the business model. Of course, the strong demand for Cloud migration and digital workplace solutions allowing people to work from home, as well as big data and cybersecurity services, has had a beneficial impact on the company's performance . Conversely, the revenue was negatively affected by the postponement of project implementation and the decline in activity to expand existing contracts, Atos noted.

According to the company, the operating margin was €1.002 million or 9.0% of revenue, compared with 10.1% in 2019 with comparable structures and constant exchange rates. The company reached the lower limit of the target range set in April 2020, at the very beginning of the Covid-19 crisis and even before its extension for the entire year, further restrictions, quarantine measures.

The normalized net profit attributable to the company reached €725 million, and the net profit attributable to the company amounted to €550 million.

Free cash flow reached €513 million compared to €605 million in 2019 (excluding €37 million of additional income related to convertible bonds - OEV).

The revenue of the industry "Industry" amounted to €2,010 million, having decreased by 9.6% with permanent structures. Signing a contract with a large German car manufacturer, increasing the range of joint projects with beverage manufacturers, as well as new projects to introduce a digital workplace in North America have reduced the impact of the global economic context on business. The greatest difficulties arose in the automotive, aerospace and manufacturing services sectors, mainly in Southern Europe, North America and Central Europe. The negative result is also due to a decrease in activity with Siemens, mainly in North America. Despite the active actions taken by the company throughout the year, the reduction in volumes led to an operating margin of €67 million, which is 3.3% of revenue.

The revenue of the Financial Services and Insurance industry amounted to €2116 million, down 3.6%. The company managed to secure a major UK insurance deal . But the decline in performance was influenced by several banking institutions, which postponed and reduced discretionary spending. Operating margin amounted to €261 million or 12.3% of revenue. Despite the decline in revenue, the company benefited from a significant contribution from Syntel's operations and cost synergies, as well as cost-cutting actions.

The revenue of the industry "Public sector and defense" amounted to €2,565 million, having increased organically by 7.5%. This high result is due to the success of Severnaya, Europe where a large-scale project in the region was launched for big data the weather forecast center; increased volume of cloudy solutions provided to institutions; as European Union well as active work with various state structures. Central also Europe contributed to the growth of indicators thanks to the implementation of several projects in the field of big data and the conclusion of the next deal in. Revenue Germany of emerging markets also increased, despite the postponement of the Olympic Games in. Tokyo Operating margin reached €259 million, which is 10.1% of revenue.

The revenue of the Telecommunications and Media industry reached €1,574 million, which is 5.3% less than in 2019. The industry has shown strong results in areas such as digitalization, cloud services, digital workplace solutions, mainly in Northern Europe and North America. The decrease in indicators was influenced by solutions for unified communications and cooperation, as well as the postponement of project implementation. Operating margin remained at a stable level, amounting to €134 million or 8.5% of revenue.

The revenue of the Resources and Services industry reached €1,627 million, down 8.7%. The most active growth was in the power and utilities sectors, especially in North America in the digital workplace, as well as in emerging markets thanks to big data projects. Especially difficult in the context of the Covid-19 crisis was the situation with customers working in the transport and retail sectors . Operating margin reached €121, amounting to 7.4% of profit. Despite the tough cost reduction plan, the implementation of which began in the second quarter, the margins were quite strongly influenced by the sub-sectors most affected by the pandemic, such as transport, hospitality, as well as non-food retail.

The revenue of the Healthcare industry amounted to €1,288 million, showing an increase of 0.7%. In Central Europe, there was an increase in the number of contracts for the provision of solutions for the digital workplace. Similarly, the industry has been impacted by increased activity in digital and big data in Southern Europe as well as emerging markets. In North America, the number of contracts increased, but the high sales result achieved in 2020 could not be repeated. The situation in Northern Europe turned out to be more difficult. Operating margin amounted to 160 million, which is 12.4% of revenue and is almost on par with the indicators of the same period in 2019.

{{quote 'author = narrated by Eli Girard, Chief Executive Officer of Atos |

Despite COVID-19 the prolonged crisis, the company's high commercial dynamism in the last quarter yielded a record number of orders for all of 2020. Thanks to the work of 105,000 employees who carefully cared for our customers during this difficult period, the company was able to fully achieve the goals set for 2020 back in April,}}

According to the director, Atos has made a rapid push in areas such as ecology, society and governance (ESG) - diversity at all levels, digital inclusion, the ethics of artificial intelligence, a sharp decrease in the intensity of carbon emissions - by introducing all the necessary initiatives into the daily activities of the company, which is the only way to achieve true sustainability. He announced goals to achieve carbon neutrality by 2028.

Based on the current macroeconomic forecast of a gradual recovery from Covid-19, in 2021 Atos sets itself the following goals for its 3 key financial criteria:

• Revenue growth with constant exchange rate: from 3.5% to 4.0%
• Operating margin: + 40bp to + 80bp compared to 2020
• Free cash flow (FCF): €550 to €600 million

History

2024

Move under the control of creditors

On June 30, 2024, the French IT company Atos, which found itself in a difficult situation, announced that an agreement had been reached on the terms of financial restructuring. The company in connection with the growing debts comes under the control of its creditors.

Negotiations to take Atos out of the crisis have continued for many months. Various options for a plan to solve the problems came from the company's creditors and from the American private equity firm Bain Capital. In addition, joint proposals were made by Attorney Limited and EP Equity Investment of Czech billionaire Daniel Kretinsky, as well as Onepoint of French investor David Layani in a consortium with Butler Industries. The proposal of the American Bain Capital was immediately rejected, because, according to Atos, it did not meet the goals of the company. Talks with EP Equity Investment and Onepoint have also stalled for certain reasons. As a result, Atos made a deal with its creditors.

Atos Announces Agreement on Financial Restructuring Terms

Under the terms of the agreement, creditor banks and bondholders will become owners of 74.12% to 99.94% of Atos's capital. The company's net debt will decrease by about €3.1 billion in accordance with its goal. In addition, Atos will receive a new loan of €1.5- €1.675 billion and increase share capital by €233 million. The company stresses that once the financial restructuring is complete, Atos lenders will become its major shareholders.

When Atos receives sufficient support from creditors, it will ask the arbitration court to open a restructuring procedure. The upcoming process, as noted, will allow the company to reject the decisions of dissenting stakeholders, subject to certain conditions.^[1]

Paul Saleh's appointment as CEO

On January 15, 2024, the French IT group Atos announced changes to the leadership team. Paul Saleh was appointed to the post of CEO, who had previously acted as financial director of the holding. The changes take effect immediately. Read more here.

2023: Yves Bernard's appointment as CEO

On October 4, 2023, the French corporation Atos, specializing in system integration, cloud computing, business process outsourcing, security solutions and big data management, announced the appointment of a new CEO. It was Yves Bernaert, who replaced Nourdine Bihmane at this post. Read more here.

2022

Separation of the company and resignation of the CEO

In mid-June 2022, Atos announced the division of the company and the resignation of CEO Rodolf Belmer. After this statement, the shares of the IT vendor fell by more than 25%.

The intended restructuring is to separate the digital, big data and security divisions into a separate company called Evidian. The sales of these divisions in 2021 amounted to $5.12 billion (€4.9 billion), and they are the most developing parts of Atos. It will be managed by Philip Oliva, and will employ about 59 thousand people.

• is the Tech Foundation (TFCo) second half of Atos, which includes processing centers data and, hosting a digital workplace, unified communications and. outsourcing business processes This unit, whose turnover in 2021 decreased by 12% to $5.65 billion (€5.4 billion), will continue to be headed by Nurdin Bihman, who will be tasked with restoring growth, profitability and cash flow by 2026. The number of personnel is about 48 thousand people around the world.

{{quote 'In order to adapt to changing market trends, "said Atos," TFCo will implement an ambitious transformation plan that will ultimately change the position of the business for growth, profitability and cash generation. This plan, with a total value of $1.15 billion (€1.1 billion) for the period 2022-2026, consists of three key stages. }}

• Refocusing: rationalizing activities to pave the way for transformation by exiting non-strategic businesses and reducing or closing loss-making assets;
• Recovery: Changing the cost structure by addressing structural issues such as "right-wing sharing," "age pyramid," reducing third-party service costs, and consolidating data centers and infrastructure to ensure cost savings;
• Recovery: Stabilizing revenue and then moving to growth by developing next-generation offerings and investing in sales opportunities.

Atos expects to receive $5.2 billion (€5 billion) in revenue from TFCo in 2022 and assumes that this figure will decrease to $4.3 billion (€4.1 billion) by the end of 2024, and then stabilize and grow by 5% by 2026.

Rodolph said in an interview with reporters that the decision to restructure was made by the board of directors. Шаблон:Quote 'The company added, "Given this development, Bellmer felt he had no choice but to resign." The departure of the CEO, who only took office in January 2022, will take effect on September 30, 2022.^[2]

Refusal to receive a contract to create a supercomputer for $1 billion

On June 14, 2022, it became known that the trial, during which Atos was supposed to oppose the UK government in connection with a contract for the supply of a supercomputer for the Meteorological Office worth £854 million (about $1 billion), was settled without starting a lawsuit. Read more here.

Leaving Russia

On April 5, against the background of Russia's special operation in Ukraine, the French corporation Atos announced a decision to curtail its activities in Russia. As reported, in this situation, Atos is forced to carry out a "controlled exit" from Russia. Services that have so far operated on the basis of Russian infrastructure will be transferred to India and Turkey^[3].

Led by the consortium that implemented the inteGRIDy project

Atos announced the successful completion of the financed European Union project on January 26, 2022. inteGRIDy The company led a consortium of 30 partners. More. here

2021

Buying cloud division partner Amazon, Microsoft and Google Cloudreach

In early December 2021, Atos acquired. Cloudreach Financial the company did not disclose the terms of the transaction. More. here

Appointment of Rodolph Belmer as CEO of Atos

On October 29, 2021, Atos, an expert in digital transformation, announced that its Board of Directors at a meeting on October 20 appointed Rodolf Belmer as CEO and member of the Atos Board of Directors to lead the deep transformation of the company, and also continued to develop it both organically and through strategic acquisitions. Read more here.

Purchase of Ideal GRP PLM Integrator

In September 2021, it became known about the closure of the sale of Ideal GRP to Atos. The financial terms of the agreement were not disclosed. Read more here.

Procuring Processia, Cryptovision, Ipsotek

In mid-April 2021, Atos acquired three companies -,, and Processia Cryptovision. Ipsotek The buyer hopes that these deals will empower him/her to become an international leader IT consulting in Product cyber security video analysts Life Cycle Management (). PLM More. here

Acquisition of Managed Security Provider Motiv ICT Security

On March 5, 2021, Atos announced the completion of its acquisition of Motiv ICT Security, an independent provider of managed security services in the Netherlands. Read more here.

2020: Purchase of information protection provider SEC Consult Group

At the end of October 2020, Atos announced the purchase of SEC Consult Group, but did not name the value of the transaction. The acquisition of a company with more than 600 experts will strengthen Atos' leading position in cybersecurity services in Europe. For SEC Consult, the opportunity opens up to enter new markets and gain a customer base on a global scale, according to a press release. Read more here.

2019

Opening of the test HPC laboratory in Angers

On October 15, 2019, Atos announced its opening test laboratory High Performance Computing Test Lab in Angers,. France The 2,000 m2 center is capable of accommodating computing resources comparable in power to 48. supercomputers BullSequana More. here

Chairman Thierry Breton to leave Atos SE

The Board of Directors of Atos SE accepted the proposal of the Presidential Administration France to appoint the Chairman Thierry Breton of the Board of Directors and the Chief Executive Officer of the company to the post of Commissioner from European Commissions France. This was reported on October 28, 2019 in Atos SE.

Under the management succession plan proposed by Atos SE's Board of Directors Nomination and Remuneration Committee, the company plans to split the positions of Chairman of the Board of Directors and Chief Executive Officer.

So, from November 1, 2019, Eli Girard will hold the post of chief executive officer of the company - on October 28, deputy chief executive officer. In turn, Thierry Breton will remain chairman of the Atos SE board of directors without executive powers until his appointment to the post of European Commissioner is confirmed. After that, Bertrand Munier will replace him as chairman of the board of directors of Atos SE without executive powers.

2018

Syntel purchase for $3.57 billion

On July 23, 2018, the French IT company Atos announced the purchase of Syntel. The value of the transaction, taking into account the debts of the company being sold, is $3.57 billion. Read more here.

ISO Auditing

On July 16, 2018, Atos announced the passage of an ISO audit, which confirmed the fact that the company meets all the requirements of high standards of service quality.

ISO, or certification of quality systems, is carried out for compliance with international standards established by the International Organization for Standardization.

The specialists of the audit company noted the awareness of employees in the field of environmental management, fire safety actions and information security.

In Russia, Atos regularly undergoes external audits according to the following standards: ISO 9011 - quality management system, ISO 14000 - environmental management system, ISO 20,000 - IT process management system, ISO 27001 - information security management system. Similarly, ISAE 3402 is tested for Infrastructure and IT Services and CMMI in the Business Applications and Platforms department.

2017: Atos offers €4.3bn Gemalto purchase

On December 11, 2017, the French IT company Atos made an official offer to buy Gemalto for 4.3 billion euros. Atos is ready to pay Gemalto shareholders 46 euros for each security they own, which is 42% more than the company's quotes by the close of the exchange on December 8, 2017, the press release said.

2016: CMMI for Services Level 3 Certification

In December 2016, Atos confirmed CMMI for Services Level 3. CMMI (Capability Maturity Model Integration) is a set of models and methodologies for improving processes in organizations of different sizes and types of activities. This level defines a company as an experienced organization with a well-structured structure, orderly processes and constantly evolving methods of work.

Atos in the world

• 2014 - Business and technology integration Bull, Russia and Kazakhstan
• 2012 - Registration in Russia of Atos I&T Solutions and Services LLC
• 2010 - Siemens IT Solutions and Services is separated from Siemens into a separate company

Company logo in 2010

2014: 5.1% revenue growth

On February 18, 2015, Atos published its 2014 financial statement. Both profits and revenues for the French IT group rose.^[4]

At the end of 2014, Atos earned 9.051 billion euros, which is 5.1% more than a year earlier. Net profit for this period increased by 8.8%, amounting to 283 million euros. Operating profit reached 440 million euros.

"2014 turned out to be a very dynamic year for Atos and the first as part of the implementation of the three-year plan," says Thierry Breton, Chairman of the Board and CEO of the company. "In addition to achieving our intended operational and financial results, we accelerated the reorganization of the group through measures such as the completion of Worldline's initial public offering, the integration of Bull's business and technology, and the acquisition of Xerox's Information Technology Outsourcing (ITO) division, which will significantly increase its presence in North America."

Atos is targeting fast-growing and profitable markets, including cloud and mobile technology, Big Data and information security solutions, Breton said.

Business transformation helped Atos grow revenue by 5%

In 2014, the company earned about 240 million euros on services related to Big Data and cybersecurity, against 210 million euros in 2013. Consulting and system integration provided the company with revenue of 3.14 billion euros, which is 8.5% more than a year ago. This growth is due to a number of public sector and healthcare projects in the UK, France and Central and Eastern European countries.

Revenue from services to support managed operations processes reached €4.6 billion in 2014, an increase of 4.6% year-on-year. In this rise, the company owes much to orders for in the outsourcing business processes British public sector.

The United Kingdom remains the most profitable region for Atos: in 2014, the company received €1.7 billion in revenue there. In Germany, it amounted to 1.59 billion euros, in France - 1.3 billion euros. In Central and Eastern Europe, which includes Russia, Atos recorded income of 877 million euros, which is 0.5% more than in 2013.

2013: Annual turnover - €8.6 billion

The annual turnover (2013) of the company amounted to 8.6 billion euros, the staff consists of 76,300 people.

2010: Siemens IT Solutions joins Atos Origin

In December 2010, it became known that two large European high-tech companies - Siemens and Atos Origin - agreed to conduct an asset exchange procedure, as a result of which the second largest IT outsourcer in Europe will be created, second in scale to the international corporation IBM. Among European IT companies, the new player will be the largest.

Thus, Siemens will have to receive a 15% stake in Atos Origin (France), a seat on the company's board of directors, receives convertible bonds worth 250 million euros, which can later be converted into another 5% stake in Atos, as well as a cash payment of 186 million euros. In exchange, Siemens will subordinate its unprofitable IT subsidiary Siemens IT Solutions to Atos.

The new joint company, on the one hand, will compete for contracts with companies such USA as IBM or, on the Accenture other, with, and Tata Consultancy Services Tech Mahindra (). Satyam Computer Services India

According to rough estimates, the deal between Atos Origin and Siemens is estimated at 850 million euros, the largest figure since the formation of the alliance between Daimler and Renault.

Analysts argue that Atos's position is very strong in the European, and especially French, public sector, industry and among large business companies. The acquisition of Siemens IT Solutions will allow Atos to almost double its financial performance and already in 2011 increase revenue from 5.1 billion euros to almost 9 billion euros. As for Siemens IT Solutions, in the 4th quarter this division showed a loss of 463 million euros, in addition, the company is cutting 4,200 people from the state of 35 thousand people.

In a statement, the parties said that the margin of the combined company in 2011 will be 6%, but in 2012-13. will increase to 7-8%. The companies also reported that each of the parties will invest 50 million euros in new research and the creation of software^[5]

1993-2009

• 2007-2009 - Siemens IT Solutions and Services merges into Siemens and works as its department
• 2007 - Education of Siemens IT Solutions and Services. The company provides IT outsourcing services, SAP implementation, system integration and IT operational support.
• 2006 - The beginning of the structural restructuring of the company. Sale of PRS business to FSC
• 2005 - Signing a partnership agreement with SAP AG
• 2003 - opening of the Service Center in Voronezh
• 2000 - Education of Siemens Business Services GmbH and registration of Siemens Business Services LLC
• 1997 - Opening of Siemens Nixdorf Informationsysteme LLC
• 1993 - Establishment of Siemens Nixdorf Osteuropa GMbH

Notes