June 23, 2024


Expect exquisite business

First quarter of 2021 – Atos

Get entry at € 2,596 million

Book to monthly bill ratio at ninety six%

Revenue at € 2,692 million

-one.nine% at regular currency

-three.nine% organic evolution

Digital, Cloud, Protection & Decarbonization at 51% of revenue (46% in 2020)

Ongoing strong development in Cybersecurity and Large Information

three bolt-on acquisitions accelerating Team transformation

2021 goals verified

Paris, April 20, 2021

Atos, a global leader in electronic transformation, nowadays announces the revenue of its initial quarter of 2021.

Elie Girard, Atos CEO, claimed: “After a history calendar year in 2020, industrial dynamism remained good in the initial quarter of the calendar year with a guide-to-monthly bill ratio of ninety six%, and a pipeline of offerings +fourteen% higher than a calendar year ago. Even though the Group’s revenue reduced for the final quarter because of to the impression of Covid, down -one.nine% at regular currency in contrast to the preceding calendar year, our business profile has made progress towards Digital, Cloud, Protection, and Decarbonization with now 51% of Team revenue shipped in individuals strategic segments.

This business repositioning is the outcome of, initial, our Spring transformation, and second, our system of bolt-on acquisitions. In that vein, I am delighted to announce nowadays three new acquisitions in the fields of Digital Production and Product or service Lifecycle Administration (PLM), Cryptography and Cybersecurity, and Edge and Computer system Vision. In order to speed up the alter of our business combine, the Team will activate a third dimension and initiate a strategic portfolio review of non-main belongings.

We validate the goals for the full calendar year 2021 issued on February 18. Furthermore, the Team has decided to have interaction into significant ways of internal transformation, aiming at enriching the company’s electronic competencies and human money, reinforcing accountability, as properly as employing cultural variations in full consistency with our “raison d’être”.

I am thankful to all my Atos colleagues for embarking on this transformation journey with so much electrical power and enthusiasm.”


2021 Goals

The Team confirms nowadays its goals for its three crucial economical standards, as stated on February 18, 2021:

  • Revenue development at regular currency: +three.five% to +four.%
  • Functioning margin amount: +40 to 80bps vs . 2020
  • No cost funds circulation: €550m to €600m


Q1 2021 revenue by Business

In € million Q1 2021 Q1 2020* Evolution at regular currency
Production 488 522 -6.seven%
Economical Providers & Insurance 544 506 +seven.four%
General public Sector & Protection 579 599 -three.2%
Telecom, Media & Technological innovation 373 393 -five.%
Resources & Providers 395 421 -6.2%
Health care & Daily life Sciences 313 303 +three.four%
Total 2,692 2,744 -one.nine%
* At regular currency


Revenue in the initial quarter of 2021 arrived at € 2,692 million, -one.nine% in contrast to Q1 2020 at regular currency, -three.nine% organically.

Covid-19 was continue to impacting Atos business about the quarter even with great resilience in Economical Providers & Insurance and in Health care & Daily life Sciences, as properly as in Northern Europe, in Growing Markets and in Southern Europe which is showing an encouraging recovery.

With 18% of the Team revenue, Production reported a revenue of € 488 million, representing a decrease by -6.seven% in contrast to Q1 2020 at regular currency. The major and major difficult predicament was the reduction of volumes in Germany, even though the predicament tended to stabilize in contrast to earlier quarters in other geographies.

Economical Providers & Insurance revenue was € 544 million, representing 20% of the Team revenue. The Business grew by +seven.four% at regular currency in contrast to Q1 2020. The exercise greater in most of the geographies and was primarily driven by business transformation jobs in Northern Europe and new electronic banking jobs in Growing Markets.

General public Sector & Protection revenue was € 579 million representing 22% of the Team revenue, down -three.2% at regular currency. The decrease was primarly because of to important Large Information task delays to subsequent quarters as properly as volume reduction in North The usa.

Telecom, Media & Technological innovation represented fourteen% of the Team revenue and arrived at € 373 million, a decrease of -five.% at regular currency in contrast to Q1 2020, with a contrasted general performance by geography. Even though a substantial around the world deal with a global technological innovation organization commenced to produce a favourable contribution to the Business, general performance was impacted by the foundation results of some substantial deals carried out in 2020 and not repeated in 2021.

Revenue created by Resources & Providers in the initial quarter of 2021 arrived at € 395 million representing 15% of the Team revenue. The Business reduced by -6.2% at regular currency in contrast to Q1 2020 with very various developments across its factors. Even though a strong general performance was reported with Utilities shoppers, the Business remained impacted by the difficult predicament with shoppers running in Transportation and Hospitality in which the demand continues to be influenced by Covid-19.

Health care & Daily life Sciences revenue was € 313 million, up by +three.four% in contrast to Q1 2020 at regular currency and representing twelve% of the Team revenue. The Business grew in most geographies, notably in Northern Europe and in Central Europe, with only the exception of North The usa which did not reiterate in 2021 some substantial jobs shipped in Q1 2020.


Q1 2021 revenue by Regional Enterprise Device

In € million Q1 2021 Q1 2020* Evolution at regular currency
North The usa 564 622 -nine.four%
Northern Europe 730 688 +6.2%
Central Europe 609 666 -eight.five%
Southern Europe 607 596 +one.nine%
Growing Markets 181 172 +five.one%
Total 2,692 2,744 -one.nine%
* At regular currency


Revenue in North The usa arrived at € 564 million, reducing by -nine.four% at regular currency. The evolution was impacted by the timing of Covid final calendar year hitting North The usa later on than Europe, volume reduction in General public Sector and a single time revenue in Q1 2020, which could not be repeated. In addition some jobs ended up postponed from Q1 2021 to subsequent quarters. This could not be compensated by the commencing of the ramp-up of new contracts in the Cloud and Digital transformation as properly as Cybersecurity areas.

Revenue in Northern Europe was € 730 million, escalating by +6.2% at regular currency. Sturdy business development was recorded in Telecom, Media & Technological innovation as properly as in Economical Providers & Insurance and Health care & Daily life Sciences. At the same time worries ended up confronted by General public Sector & Protection as properly as Resources & Providers. Production remained stable in contrast to final calendar year.

Central Europe reported € 609 million of revenue, down -eight.five% at regular currency. This primarily resulted from a continue to difficult predicament in the Unified Communications & Collaboration and also in Production. Thanks to the ramp-up of a number of new contracts, Health care & Daily life Sciences, Resources & Providers and General public Sector & Protection recorded development, Economical Providers & Insurance remained pretty much flat even with some new jobs with substantial German banking institutions.

Revenue in Southern Europe arrived at € 607 million, escalating by +one.nine% in contrast to Q1 2020 at regular currency. The development of the business was primarily led by the great general performance of General public Sector & Protection. Expansion was also recorded in Economical Providers & Insurance, Resources & Providers and Health care & Daily life Sciences. The predicament remained difficult in Telecom, Media & Technological innovation and to a lesser extent in Production.

Revenue arrived at € 181 million in Growing Markets, up +five.one% at regular currency. In most of the Industries the exercise was stronger with new jobs shipped much more specifically in Economical Providers & Insurance.


Professional exercise

Through the initial quarter of 2021, the Team order entry arrived at € 2,596 million representing a Book-to-Bill ratio of ninety six%, in contrast to one zero one% (at regular currency) obtained about the same interval final calendar year.

The major new contracts signed about the interval ended up notably in Northern Europe with a substantial Chemical purchaser (Production) and a European telco leader (Telecom, Media & Technological innovation), in Southern Europe with Pierre Fabre and a European leader in Prescribed drugs (Health care & Daily life Sciences), a leading multi-national automotive company (Production) and a number of contracts with Transportation shoppers (Resources & Providers), and in Central Europe with a substantial European financial institution (Economical Providers & Insurance) and Bundesagentur für Arbeit (General public Sector & Protection).

Agreement renewals of the quarter involved notably a leading company in optical devices and a substantial beverage organization in Central Europe (Production), a number of General public Sector contracts in Southern Europe, and a Telecommunications organization in Growing markets.

In line with this dynamic industrial exercise, the full backlog amounted to € 23.2 billion at the finish of March 2021, +eight% in contrast to March 2020 at regular currency. It represented 2.one years of revenue. The full experienced pipeline arrived at € eight.four billion, +fourteen% in contrast to March 2020 at regular currency. It represented nine months of revenue.


Human sources

The full headcount was 104,485 at the finish of March 2021, stable in contrast to 104,430 at the finish of December 2020.

In the initial quarter of 2021, the Team employed four,215 staff, the bulk of whom in offshore and nearshore nations around the world.



In line with its mid-expression system, the Team announces nowadays the signature of three bolt-on acquisitions. All of them belong to the strategic locations described by the Team to speed up its business combine alter:

  • Digital, by means of the acquisition of Processia, a expert of Product or service Lifecycle Administration (PLM)
  • Protection, by means of the acquisition of cryptovision, specialized in Cryptography remedies and goods
  • Large Information and Analytics, by means of the acquisition of Ipsotek, a leader in Edge and Computer system Vision remedies.


North The usa Audit Stick to-up

The Business made a statement on April one, 2021 relating to a number of issues relevant to two US lawful entities. As a reminder, the statutory auditors identified, as component of their 2020 audit, internal management weaknesses about the economical reporting approach and revenue recognition in accordance with IFRS 15 leading to a number of accounting mistakes, as properly as likely possibility of override of controls in this respect.

The two US lawful entities stand for 11% of 2020 Team revenue, they are not relevant to Syntel.

Even with the supplemental audit methods carried out by the statutory auditors in individuals situation, they ended up not ready to execute inside the timeframe the needed work to receive enough acceptable audit proof in respect of revenue recognition or other relevant account balances of these two US entities and on the absence of content misstatements for the consolidated economical statements. As a outcome, the statutory auditors issued a experienced impression because of to a limitation of scope on the consolidated economical statements for the calendar year 2020.

As of nowadays the Team has not identified content misstatements for the 2020 consolidated economical statements. Even so, the conjunction of a number of accounting mistakes and internal management weaknesses warrants a significant aim and comply with-up by the Team. Hence, the Business has decided to conduct a full accounting review of the two US lawful entities and will give a status update at the time of H1 effects.

A strong remediation and avoidance system has been developed below the management of the Team Typical Secretary and is staying applied. It handles locations this sort of as preventive controls, recommendations and documentation, Human Resources review, skilling and group as properly as consciousness and teaching. Complementary analysis is ongoing to make sure that the system is exhaustive.



Revenue at regular scope and exchange costs reconciliation

In € million Q1 2021 Q1 2020 % alter
Statutory revenue 2,692 2,834 -five.%
Exchange costs influence -ninety
Revenue at regular exchange costs 2,692 2,744 -one.nine%
Scope influence sixty
Exchange costs influence on obtained/disposed perimeters -three
Revenue at regular scope and exchange costs 2,692 2,801 -three.nine%


Scope results amounted to €+57 million for revenue. They are primarily relevant to:

  • the acquisitions closed in 2020 and Q1 2021 for €+sixty seven million
  • the disposal of some certain Unified Interaction & Collaboration functions and Wivertis GmBH in 2020, amounting to a full of €-ten million.

Currency exchange costs results negatively contributed to revenue for €-ninety million. They mostly came from the depreciation of the American greenback, the Pound sterling and the Brazilian serious towards the Euro about the interval.


Conference simply call

These days, Tuesday, April 20, 2021, the Team will hold a meeting simply call in English at 08:00 am (CET – Paris), chaired by Elie Girard, CEO, in order to comment on Atos’ Q1 2021 revenue and remedy questions from the economical community.

You can be part of the webcast of the meeting:

  • on web, in the Traders segment
  • by phone with the dial-in, ten minutes prior the starting off time. Be sure to observe that if you want to be part of the webcast by phone, you need to register in progress of the meeting making use of the pursuing url:


Upon registration, you will be delivered with Participant Dial In Figures, a Direct Function Passcode and a exclusive Registrant ID. Get in touch with reminders will also be sent via e mail the working day prior to the party.

Through the ten minutes prior to the commencing of the simply call, you will want to use the meeting entry info delivered in the e mail obtained upon registration.

Immediately after the meeting, a replay of the webcast will be accessible on atos.web, in the Traders segment.


Forthcoming events

Could twelve, 2021 Once-a-year Typical Assembly

July 28, 2021 Initially semester 2021 effects

October 21, 2021 3rd quarter 2021 revenue

Obtain the push release in pdf


Investor Relations: Gilles Arditti +33 6 11 69 eighty one seventy four [email protected]

Media: Anette Rey +33 6 69 seventy nine eighty four 88 [email protected]


About Atos

Atos is a global leader in electronic transformation with one hundred and five,000 employees and annual revenue of about € 11 billion. European selection a single in cybersecurity, cloud and superior general performance computing, the Team presents tailored finish-to-finish remedies for all industries in seventy one nations around the world. A pioneer in decarbonization providers and goods, Atos is dedicated to a safe and decarbonized electronic for its purchasers. Atos operates below the brand names Atos and Atos|Syntel. Atos is a SE (Societas Europaea), outlined on the CAC40 Paris stock index.

The intent of Atos is to assist layout the foreseeable future of the info space. Its know-how and providers guidance the advancement of understanding, education and research in a multicultural tactic and lead to the advancement of scientific and technological excellence. Across the environment, the Team permits its shoppers and employees, and members of societies at substantial to are living, work and establish sustainably, in a risk-free and safe info space.


This doc has ahead-seeking statements that require hazards and uncertainties, which include references, regarding the Group’s expected development and profitability in the foreseeable future which might considerably impression the expected general performance indicated in the ahead-seeking statements. These hazards and uncertainties are joined to factors out of the management of the Business and not specifically estimated, this sort of as market ailments or competitors behaviors. Any ahead-seeking statements made in this doc are statements about Atos’ beliefs and expectations and must be evaluated as this sort of. Forward-seeking statements consist of statements that might relate to Atos’ programs, goals, approaches, plans, foreseeable future events, foreseeable future revenues or synergies, or general performance, and other info that is not historic info. True events or effects might vary from individuals explained in this doc because of to a selection of hazards and uncertainties that are explained in the 2020 Universal Registration Document filed with the Autorité des Marchés Financiers (AMF) on April seven, 2021 below the registration selection D.21-0269. Atos does not undertake, and especially disclaims, any obligation or obligation to update or amend any of the info higher than except as if not necessary by legislation. This doc does not incorporate or represent an offer of Atos’ shares for sale or an invitation or inducement to spend in Atos’ shares in France, the United States of The usa or any other jurisdiction.

Atos consolidated and statutory economical statements for the calendar year finished December 31, 2020, ended up permitted by the Board of Administrators on February seventeen, 2021. Adhering to their audit methods on the consolidated economical statements for the calendar year finished December 31, 2020, the statutory auditors issued on April one, 2021 a experienced impression because of to a limitation on the scope of the audit as two US lawful entities representing 11% of 2020 consolidated revenue that call for supplemental diligences. For the sake of clarity, except for the qualification involved in the statutory auditors’ report on the consolidated economical statements for the calendar year finished December 31, 2020, the Team consolidated economical statements are audited and the economical statements involved in the Universal Registration Document are unchanged in contrast to the edition printed by the Business on February 18, 2021. As of nowadays, the Team has not identified misstatements on the two US entities that are content for the consolidated economical statements.

Revenue organic development is offered at regular scope and exchange costs.

Industries consist of Production (Aerospace, Automotive, Chemical compounds, Client Packaged Items (Food items & Beverage), Discrete Production, Method Industries, Providers and Siemens), Economical Providers & Insurance (Insurance, Banking & Economical Providers, and Enterprise Transformation Providers), General public Sector & Protection (Protection, Education, Extraterritorial Companies, General public Administration, General public Local community Providers and Main Functions), Telecom, Media & Technological innovation (High Tech & Engineering, Media, and Telecom), Resources & Providers (Strength, Retail, Transportation & Hospitality, and Utilities) and Health care & Daily life Sciences (Health care and Pharmaceutical).

Regional Enterprise Models consist of North The usa (United states of america, Canada, Guatemala and Mexico), Northern Europe (United Kingdom & Eire, Belgium, Denmark, Estonia, Belarus, Finland, Lithuania, Luxembourg, The Netherlands, Poland, Russia, and Sweden), Central Europe (Germany, Austria, Bulgaria, Bosnia, Croatia, Czech Republic, Greece, Hungary, Romania, Serbia, Slovenia, Slovakia, Israel, and Switzerland), Southern Europe (France, Andorra, Spain, Portugal, and Italy) and Growing Markets which include Asia-Pacific (Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand), South The usa (Argentina, Brazil, Chile, Colombia, Uruguay, and Peru), Center East & Africa (Algeria, Benin, Burkina Faso, Egypt, Gabon, Ivory Coastline, Kenya, Kingdom of Saudi Arabia, Madagascar, Mali, Mauritius, Morocco, Qatar, Senegal, South Africa, Tunisia, Turkey and UAE), Main Functions and World-wide Supply Centers.