Atos provides additional information on its 2021 financial figures

Gordon B. Johnson

Paris, February 9th, 2022

Referring to EU regulation No. 596/2014, which gives that issuers shall tell the public as shortly as possible of inside facts instantly pertinent to them, Atos presents currently added details on its 2021 economical figures, pursuing its January 10, 2022, preliminary announcement.

In the context of an accelerated transfer to the cloud, the Group made the decision in 2021 to reposition its exercise portfolio and to concentration on Electronic, Cloud, Safety and Decarbonization functions, absent from vintage infrastructure solutions and Unified Communications & Collaboration. In gentle of this adjust in tactic and the refocusing on escalating solutions, the Group performed a extensive investigation of foreseeable future recoverability of assets and profitability of legacy contracts. As announced in January 10, 2022, this analysis guide to impairment of assets, mainly pertaining to legacy routines.

Today, the Team is in a place to indicate that impairment of goodwill and other non-recent property will amount of money to c. €1.9 billion. As a immediate consequence, an impairment will be booked to reflect the decrease recognition of the deferred tax assets of the Group.

The Team will also ebook in H2 2021 an impairment of deal belongings, reserves for negative money owed and provision for potential losses for up to c. €0.5 billion resulting predominantly from the results mentioned over and the reassessment of contracts such as the financial solutions BPO agreement in the British isles.

All impacts explained earlier mentioned will be described in the Other Functioning Revenue and Price area of the Group’s 2021 consolidated P&L, with no impression on the Group’s running margin and funds stream.

The Team estimates that its 2021 Earnings will be c. €10.8 billion, a reduce of c.-2.6% at regular forex (vs . c.-2.4% declared on January 10) and the Operating Margin to be c. 3.5% (vs . c.4% announced on January 10) largely thanks to final evaluation of the economic products and services BPO agreement in the Uk. The Cost-free Cash Movement continues to be unchanged at c. €-420 million.

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

The Group will publish its 2021 final results as very well as its targets for 2022 on February 28, 2022.

This extensive review and the resulting impairments are a critical phase for the Group, which can now totally target on its turnaround approach to be shared with buyers in the course of the cash marketplaces day in Q2.

 

Conference call

Atos’ administration invitations you to an global convention phone, 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 convention:

Upon registration, you will be supplied with Participant Dial In Quantities, a Direct Party Passcode and a exclusive Registrant ID.

In the course of the 10 minutes prior to the starting of the call, you will will need to use the meeting access info supplied in the e-mail acquired on registration.

Following the meeting, a replay of the webcast will be readily available on atos.net, in the Investors part.

 

Appendix

January 10th preliminary figures February 10th update
Profits advancement at consistent currency c. -2.4% c. -2.6%
% Functioning Margin to income c. 4% c. 3.5%
Totally free Funds Move c. €-420 million c. €-420 million

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Forthcoming situations

February 28, 2022 (Immediately after Marketplace Close) Whole Yr 2021 results

April 27, 2022 (Right before Market Opening) Initial Quarter 2022 revenue

May 18, 2022 Yearly Common Assembly

July 27, 2022 (In advance of Market place Opening) Initial semester 2022 outcomes

Contacts

Investor Relations: [email protected]

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

Down load the PDF version below

About Atos

Atos is a international leader in digital transformation with 107,000 workers and yearly income of above € 11 billion. European number one particular in cybersecurity, cloud and superior general performance computing, the Team offers tailor-made close-to-conclusion solutions for all industries in 71 international locations. A pioneer in decarbonization companies and items, Atos is fully commited to a secure and decarbonized electronic for its customers. Atos is an SE (Societas Europaea), listed on Euronext Paris and involved in the CAC 40 ESG and Following 20 indexes.

The goal of Atos is to aid layout the long term of the info area. Its expertise and providers guidance the enhancement of knowledge, training and study in a multicultural technique and lead to the growth of scientific and technological excellence. Throughout the earth, the Team permits its prospects and personnel, and customers of societies at large to stay, operate and acquire sustainably, in a harmless and secure info place.

Disclaimers

This doc has forward-wanting statements that include pitfalls and uncertainties, including references, about the Group’s anticipated progress and profitability in the long run which may well significantly effects the expected overall performance indicated in the forward-seeking statements. These threats and uncertainties are joined to variables out of the management of the Company and not precisely believed, these types of as market conditions or competitor’s behaviors. Any ahead-seeking statements designed in this doc are statements about Atos’ beliefs and expectations and ought to be evaluated as such. Forward-seeking statements incorporate statements that may well relate to Atos’ options, objectives, approaches, objectives, foreseeable future occasions, long run revenues or synergies, or general performance, and other data that is not historical facts. Precise events or final results may vary from people described in this document owing to a amount of dangers and uncertainties that are described within just the 2020 Universal Registration Doc submitted with the Autorité des Marchés Financiers (AMF) on April 7, 2021 less than the registration range D.21-0269 and the Modification to the 2020 Common Registration Paperwork submitted with the AMF on July 30, 2021 beneath variety D.21-0269-A01. Atos does not undertake, and especially disclaims, any obligation or accountability to update or amend any of the information over besides as usually necessary by regulation. This doc does not consist of or represent an present 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 natural expansion is introduced at continuous scope and exchange fees.

Industries incorporate Manufacturing (Aerospace, Automotive, Chemical substances, Consumer Packaged Merchandise (Food stuff & Beverage), Discrete Producing, Course of action Industries, Expert services and Siemens), Fiscal Companies & Insurance coverage (Insurance plan, Banking & Monetary Providers, and Small business Transformation Solutions), Public Sector & Protection (Defense, Training, Extraterritorial Corporations, Community Administration, Community Neighborhood Expert services and Important Occasions), Telecom, Media & Technological innovation (Higher Tech & Engineering, Media, and Telecom), Assets & Services (Electricity, Retail, Transportation & Hospitality, and Utilities) and Healthcare & Existence Sciences (Healthcare and Pharmaceutical).

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