Atos’ revenue decline moderates, but order intake remains weak
Atos ($ATO-EURONEXT) reported quarterly revenue of €1.642 billion, with combined Atos and Eviden organic revenue down 2.4%. The rate of decline improved, but the business has not returned to organic growth. Order intake was €1.024 billion and the book-to-bill ratio was 62%, seven percentage points lower, indicating that new bookings remained below the revenue recognized during the period. The group reported a €44 million positive net cash movement despite €50 million of restructuring cash outflo
0