April 21 (Reuters) – Atos, the French tech group that provides IT services to the National Health Service in Britain and to the Olympics, narrowed its annual revenue forecast on Tuesday after organic revenue fell 11% in the first quarter due to market softness. The company now expects its organic revenue to fall between 1% […]
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France’s Atos narrows revenue forecast after quarterly drop
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April 21 (Reuters) – Atos, the French tech group that provides IT services to the National Health Service in Britain and to the Olympics, narrowed its annual revenue forecast on Tuesday after organic revenue fell 11% in the first quarter due to market softness.
The company now expects its organic revenue to fall between 1% and 5% in 2026. It had previously forecast positive organic growth, but with a negative scenario that guided for a 5% drop.
Revenue, excluding the estimated impact of recent asset disposals, was 1.64 billion euros ($1.93 billion) in the first three months of the year.
In the earnings statement, the company flagged a “softer-than-expected” revenue ramp-up in North America, saying some clients had taken a wait-and-see approach in the uncertain environment.
($1 = 0.8493 euros)
(Reporting by Gianluca Lo Nostro and Lucie Barbier; Editing by Milla Nissi-Prussak)