Atos has announced its H1 2021 results:
- Revenues were €5,424m, down 3.6% y/y, and down 1.0% y/y at CC/CS (with Q2 revenues flat)
- EBIT was €302m, a margin of 5.6%, down 2.4 pts
- Adjusted EBIT was €302m, a margin of 5.6%, down 2.2 pts.
H1 2021 revenue breakdown (and y/y CC/CS revenue growth) by industry was:
- Manufacturing: €980m (-2.6%)
- Financial Services & Insurance: €1,095m (+5.2%)
- Public Sector & Defense: €1,190m (-3.5%)
- Telecom, Media & Technology: €748m (-1.7%)
- Resources & Services: €778m (-4.6%)
- Healthcare & Life Sciences: €633m (+1.9%).
H1 2021 revenue breakdown (and y/y CC/CS revenue growth) by geography was:
- North America: €1,170m (-5.6%)
- Northern Europe: €1,402m (+3.1%)
- Central Europe: €1,240m (-9.4%)
- Southern Europe: €1,231m (+8.3%)
- Growing Markets: €382m (5.1%)
H1 2021 adjusted operating margin (and in H1 2020) by industry was:
- Manufacturing: 4.8% (1.3%),
- Financial Services & Insurance: 8.6% (11.7%)
- Public Sector & Defense: 2.5% (9.5%)
- Telecom, Media & Technology: 4.5% (10.0%)
- Healthcare & Life Sciences: 4.1% (10.3%).
H2 2021 bookings were €5,569m, a B2B ratio of 103% (109% in Q2).
Headcount at end H1 2021 was 104,808, down 2.0% y/y. Attrition was 16.6% (11.9% in H1 2020).
Atos has adjusted its guidance for full-year 2021:
- CC/CS revenue decline of 3.5%-4.0%
- An adjusted operating margin of 9.4-9.8%
- FCF in the range of 0.55-0.6bn.
| Vendor | Atos |
| Initial currency type (specify local currency used) | Euro |
| Period Covered | Half-Yearly |
| Period Ending | 2021-06-30 |
| Growth | -3.6 |
| Revenues ((m) in local currency | 5424 |
| Revenues (in $m at that date) | 6405 |