Atos Origin on track to improve its performance in 2008

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Algemeen advies 15/02/2008 07:54
2007 revenue organic growth, operating margin and
net debt reduction ahead of objectives
Atos Origin on track to improve its performance in 2008,
thanks to the transformation plan and a strong commercial momentum
• Group revenue up +8.5% year-on-year, revenue organic growth at +4.3%
• Strong improvement of the operating margin at EUR 272 million (4.6% of revenue)
including EUR 44 million of operating costs for the 3o3 plan
• Adjusted net income of EUR 140 million, representing EUR 2.03 per share
• Strong commercial momentum with numerous contract wins and a book to bill ratio of 106%
• Net debt reduction to EUR 338 million
• First proposed dividend ever at EUR 0.40 per share

PARIS – 15 February 2008 – Atos Origin, one of the Europe’s leading IT services company, today announced full results for the year ended 31 December 2007.
The Supervisory Board of Atos Origin convened in Paris on 14 February 2008 to examine and approve the accounts of the Group, for the year ended 31 December 2007.
Philippe Germond, CEO of Atos Origin said: “In 2007, we have delivered on our committments.
Our strong performance reflects the continued committment of our 50 000 employees as well as our clients’ satisfaction and trust in the Company. The transformation process launched through the 3o3 plan is progressing steadily and showing promising results. 2007 was a very active year:
the implementation of the 3o3 transformation plan, the strengthening of the management team, the disposal of Italy, the agreement to sell our stake in Atos Euronext Market Solutions and for the first time a proposed dividend to the shareholders are only a few examples. The Group’s indepth
transformation coupled with our strong commercial momentum and backlog allows me to view 2008 with confidence and determination to succeed.”

In EUR million 2007 2006
Revenue 5 855 5 397
Operating Margin 272 247
% of revenue 4.6% 4.6%
Operating Income 137 (160)
% of revenue 2.3% -3.0%
Net income (Group share) 48 (264)
Adjusted net income (Group Share) (**) 140 110
% of revenue 2.4% 2.0%
Net debt 338 360

2008 Objectives
In 2008, the Group will continue to invest in Sales, Industrialization and Global Delivery through the 3o3 transformation plan and will accelerate the offshoring strategy. Investments will be done in distinctive offers in order to accelerate the organic growth.
The Group has set the following objectives for 2008 on the new scope excluding Italy sold at 31 January 2008 and the future sale of Exchange operations from Atos Euronext Market Solutions which are expected to be transferred to NYSE Euronext during the third quarter of 2008:
- Achieve a revenue organic growth of +4%
- From the 4.6% reached in 2007, to continue the improvement of the operating
margin rate by +100 basis points
- Net debt reduction of EUR 100 million after dividends payment, cash out for the pensions in the UK and proceeds from disposals Italy and Exchange AEMS.
Philippe Germond – CEO of Atos Origin said: “2008 will be a turning point for Atos Origin with the acceleration and the strengthening of the Transformation plan. We have now established the foundations that will allow us to improve competitiveness, and to increase substantially our profitability. More than ever, I am determined to develop the Group’s full potential and accelerate
value creation”.



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