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

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PARIS, April 27 (Reuters) – Struggling French IT consulting firm Atos (ATOS.PA) posted higher-than-expected quarterly sales on Thursday, driven by its cybersecurity and digital transformation unit Eviden.

First quarter revenue was up 2.8% from a year earlier to 2.81 billion euros ($3.11 billion). 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% to 1% in 2023 and an operating margin between 4% to 5%.

($1 = 0.9049 euros)

($1 = 0.9047 euros)

Reporting by Mathieu Rosemain;
Editing by Sudip Kar-Gupta

Our Standards: The Thomson Reuters Trust Principles.

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