France's Atos posts higher-than-expected Q1 sales

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PARIS : Struggling French IT consulting firm Atos posted higher-than-expected quarterly sales on Thursday, driven by its cybersecurity and digital transformation unit Eviden. First quarter revenue was up 2.8 per cent from a year earlier to 2.81 billion euros ($3.11 billion). This beat the 2.75 billion-eur

PARIS : Struggling French IT consulting firm Atos posted higher-than-expected quarterly sales on Thursday, driven by its cybersecurity and digital transformation unit Eviden.

First quarter revenue was up 2.8 per cent from a year earlier to 2.81 billion euros . This beat the 2.75 billion-euro consensus compiled by the company, based on 11 analyst estimates. The group confirmed its full-year targets, including a group revenue organic growth in the range of -1 per cent to 1 per cent in 2023 and an operating margin between 4 per cent to 5 per cent.

 

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