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Picking up on our comments in Atos UK beats peers on FY11 revenue growth, it’s worth dwelling on the remarkable performance of Atos’ UK business over the last year. While the Group has suffered nine consecutive quarters of revenue decline (at constant scope and exchange rates) and only achieved positive organic growth in Q411, the UK business (which makes up 17% of the whole) has grown consistently quarter-on-quarter throughout the year. Q4 was indeed its finest quarter with organic growth of 5.6% by our calculations.
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