French IT group Atos on Friday reported a decline in orders and revenue for the first half of the year, citing subdued commercial activity in France and a challenging market environment.
The company’s order intake stood at 3.3 billion euro ($3.77 billion) for the six-month period, down from 3.6 billion euros a year earlier.
Its book-to-bill ratio, which represents the number of orders received versus those fulfilled, rose to 83% from 73% an year earlier. A higher ratio indicates greater likelihood of a business covering new orders.
Atos’ half-year revenue fell 17.4% to 4 billion euros, compared with 4.97 billion in the same period last year, reflecting low contract wins in 2024.
The group said it had streamlined its contract portfolio to limit its exposure to projects with margins below 5% to just three, from seven at the end of 2024.
This improved the negative impact on its operating margin to 16 million euros, from 52 million in the same period last year, it said.
On June 2, the French state formally offered 410 million euros to acquire Atos’ Advanced Computing division, which includes its high-performance and quantum computing and AI technologies.
Atos said on Friday it expected to close the deal over the first half of 2026.
It also confirmed its guidance for the full year 2025.
($1 = 0.8758 euros)
(Reporting by Leo Marchandon and Gianluca Lo Nostro)
