Wednesday 01 March 2023

*UKHotViewsExtra* Atos FY22: demonstrating "intact attractiveness" of offering

Atos logoAtos has announced FY22 results in line with guidance, highlighting that they demonstrate the “intact attractiveness of the Group’s offering”.

It has been eight months since Atos announced its intention to split into two publicly listed companies (see Atos proposes business split: What does it mean? | TechMarketView). Since then, there has been intense activity within Atos across a variety of workstreams as the company progresses its internal separation plans.

We feared the planned separation would be a distraction internally, as well as to clients. When the company released Q3 results at the end of October last year, we found ‘reasons to be cheerful’ (see Atos: Reasons to be cheerful but cautious | TechMarketView) but a significant improvement was needed in Q4 if the business was to meet management expectations of FY22 performance.

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Praise where praise is due. Despite the high level of corporate activity, Atos’ Q4 demonstrated considerable commercial momentum. TechMarketView subscribers - including UKHotViews Premium subscribers - can access our anaysis of the latest set of results in  the UKHotViewsExtra article Atos FY22: demonstrating "intact attractiveness" of offering.

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Posted by Georgina O'Toole at '10:11' - Tagged: results   cloud   itservices   digital   data   corporateactivity   cybersecurity