French IT group Atos misses revenue forecast on contract terminations, soft market
05/03/2025 06:30
March 5 (Reuters) - Atos ATOS.PA missed its annual revenue forecast on Wednesday, dented by contract terminations and market weakness, but saw improved order intake following a restructuring plan that restored client confidence and averted financial collapse. The French IT group's revenue in 2024 stood at 9.57 billion euros ($10.17 billion), a 5.4% decline from the previous year, and fell short of the 9.7 billion euros forecast by the company last September. ($1 = 0.9409 euros) (Reporting by Gianluca Lo Nostro; Editing by Sherry Jacob-Phillips) ((gianluca.lonostro@thomsonreuters.com;))
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