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Atos shares falls on core business revenue drop

** Shares of Atos ATOS.PA fall around 9% after the French IT group on Monday reported a drop in its Q3 core business revenue

** Atos Services posted sales of 1,621 million euros ($1,89 billion), a 19.3% decline year-on-year, which Bernstein says is below its estimate of between 1,690 and 1,741 million euros

** The broker adds the business will become increasingly central to Atos after the sale of its computing arm to the French state in 2026

** Bernstein says the steep sales decline occurred despite a slightly easier basis for comparison, with a more notable improvement only expected in the fourth quarter

($1 = 0.8575 euros)

(Reporting by Hugo Lhomedet)

((hugo.lhomedet@thomsonreuters.com))

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