Atos in Q1 2023: Organic revenue growth of 2.8% (2023)

FAQs

Atos in Q1 2023: Organic revenue growth of 2.8%? ›

Group revenue was €2,806 million in Q1 2023, up +2.2% year-on-year. Organic growth was robust, at +2.8%, reflecting the continuous improvement in the Group's operational performance.

Based on its robust Q1 performance, Atos is confirming its 2023 full-year outlook. In 2023, Group revenue organic growth is expected between -1.0% and +1.0%, as an acceleration of Eviden's organic growth will be offset by the managed reduction of Tech Foundations' revenue resulting from portfolio reshaping.

Group revenue was € 11,341 million in 2022, up +4.6% compared to 2021. At constant currency, revenue grew +1.3%, at the high end of the Group's guidance, with an organic stabilization over the full year (+0.1%) and a +1.2% contribution from acquisitions net of disposals.

Organic growth represents growth in net new assets (or revenue), independent of changes in market value. Essentially the formula for organic growth is: assets/revenue that come in (inflows) minus assets/revenue that leave (outflows).

What Is Organic Growth? Organic growth is the growth a company achieves by increasing output and enhancing sales internally. This does not include profits or growth attributable to mergers and acquisitions but rather an increase in sales and expansion through the company's own resources.

An industry insider told HPCwire that the split makes sense, as Atos' long-term, expensive investments in the HPC space and its strong hardware division were being negatively impacted by the financial performance of its services segment. Under the new direction, each side gets renewed focus and attention.

Atos expects revenue growth between -1% and 1% in 2023 | Nasdaq.

Atos, as a tier-one company, seeks operational excellence and is committed to minimizing the environmental impact of its activities worldwide.

Atos Origin India Private Limited(A Cmm Level 5 Company) | LinkedIn.

What is a good organic growth percentage? ›

So, what constitutes a strong organic growth rate? Many entrepreneurs aim to grow their organizations by 10% each year. However, according to the Rule of 72, at that rate, your business will take 7.2 years to double in size. When I come into a company, my goal is always to achieve and maintain 30% growth.

The revenue growth formula

To calculate revenue growth as a percentage, you subtract the previous period's revenue from the current period's revenue, and then divide that number by the previous period's revenue.

In an M&A transaction, the acquirer or investor often brings onboard leaders with significant experience. In an organic growth strategy, founders must often “build versus buy” their leaders, which can be a time-consuming endeavor.

A diversified approach to organic growth

But regarding the three strategies of growth we explored (investing, creating, and performing), the responses suggest that there is no one-size-fits-all approach.

Growth rate benchmarks vary by company stage but on average, companies fall between 15% and 45% for year-over-year growth. Businesses with less than $2 million in annual revenue generally have much higher growth rates according to a Pacific Crest SaaS Survey.

Organic sales are revenues generated from within a company. Organic sales encompass those streams of revenues that are a direct result of the firm's existing operations as opposed to revenues that have been acquired through the purchase of another company or business unit in the past year.

Since the end of 2020, Atos has struggled with a series of problems and profit warnings that has seen its market value tumble from €9.8 billion to €1.5 billion. It was also removed from the benchmark CAC 40 index.

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Atossa Genetics is 'Strong Sell'.

Mitel set to acquire Atos' unified communications and collaboration business Unify. Canadian business communications specialist Mitel has announced it has begun exclusive negotiations with Atos Group to acquire its unified communications and collaboration (UCC) business Unify.

Is Atos in debt? ›

What Is Atos's Debt? As you can see below, at the end of December 2022, Atos had €4.86b of debt, up from €4.60b a year ago. Click the image for more detail. However, it also had €3.33b in cash, and so its net debt is €1.53b.

Tier 1 Suppliers are your direct suppliers. Tier 2 suppliers are your suppliers' suppliers or companies that subcontract to your direct suppliers. Tier 3 suppliers are the suppliers or subcontractors of your tier 2 suppliers.

Tier 1 accounts have a lock-in period until the investor turns 60. Tier 2 accounts don't have any lock-in period. Section 80C of the Income Tax Act permits deductions for contributions up to Rs. 1,50,000 annually.

Atos is present in 19 markets with 1 product. Atos has 472 reviews with an overall average rating of 4.4.

Deloitte scored higher in 9 areas: Overall Rating, Culture & Values, Diversity and Inclusion, Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook.

Atos Information Technology Incorporated was formed on 1 October 2007 from the merger of several groups from various countries, including Siemens Business Services (Germany), Program and System Engineering (Austria), Siemens Information Ltd (India), Business Innovation Center (Switzerland) and Development Innovations ...

Our employee lifecycle processes are designed to prevent discrimination against our people regardless of gender identity or expression, sexual orientation, religion, ethnicity, age, neurodiversity, disability status, citizenship, or any other aspect which makes them unique.

The highest-paying job at Atos is a Vice President with a salary of ₹66.0 Lakhs per year. The top 10% of employees earn more than ₹20 lakhs per year.

The company was formed in 1997 through a merger of two French IT companies; and combined with the Dutch-based company Origin B.V. in 2000 to become Atos Origin. It subsequently acquired KPMG Consulting in 2002 and SchlumbergerSema in 2004.

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Is 2% growth rate good? ›

Good economic growth can vary, but typically falls within two to four percent. This means that even if a company is only growing five percent a year, it could still have a good growth rate compared to other businesses. A good growth rate isn't always tied to general economic conditions.

The ideal GDP growth rate is between 2% and 3%. The GDP growth rate measures how healthy the economy is. When the number is positive, the economy is growing.

Naturally, a company with fewer total customers will more easily achieve higher growth rates; 20% growth means only 20 new customers when the origin point was 100, but 200 new customers if that same origin point was 1,000.

Revenue Growth is a KPI used to measure how sales are increasing or decreasing over time. It is calculated by dividing revenue generated during one time period by the revenue generated during a subsequent time period, subtracting 1, and then multiplying by 100 to obtain a percentage.

Good revenue growth rate has to be above 15% year-over-year.

The formula for revenue growth requires you to subtract the previous period's revenue from the current period's revenue, then divide it by the previous period's revenue. Now, we calculate $180,000 / $820,000 and end up with roughly 0.2195. That means the company's revenue growth from 2020 to 2021 was 21.9%.

Organic (or internal) growth involves expansion from within a business, for example by expanding the product range, or number of business units and location. Organic growth builds on the business' own capabilities and resources.

In an organic growth strategy, a business utilizes all of its resources – without the need to borrow – to expand its operations and grow the company. Organic growth is typically marked by an increase in output, greater efficiency and speed with production, higher revenue, and improved cash flow.

These are Product, Placement, Promotion and Price.

What are the 4 types of organic? ›

The four main groups of biologically important organic compounds are carbohydrates, lipids, proteins and nucleic acids.

Internal growth, or organic growth , is when a business decides to expand on its own. Methods of internal growth include franchising, opening new stores, e-commerce and outsourcing.

Ideal business growth rates vary by the type of business and industry as well as the stage that the business is at in its development. In general, however, a healthy growth rate should be sustainable for the company. In most cases, an ideal growth rate will be around 15 and 25% annually.

Startup companies, especially those in high-tech industries, are expected to grow quite rapidly. For Y Combinator companies (a well-known tech incubator), a good growth rate is considered to be 5% to 7% per week of revenues, while an exceptional growth rate is 10% per week.

However, generally speaking, a healthy growth rate should exceed the overall growth rate of the economy or gross domestic product (GDP). Further to that, Harvard Business Review suggests that most companies should grow at a rate of between 10% and 25% per year.

Gross revenue is the total revenue generated by a business without deducting any expenses and losses, while gross profit is the difference between gross revenue and the cost of goods sold (or services rendered).

Generally speaking, a good revenue growth rate exceeds the overall growth rate of the economy. For instance, if a country's economy falls within 2% to 4%, your company has a good revenue growth rate if it is growing at 5% or more.

Can Profit Be Higher Than Revenue? Revenue sits at the top of a company's income statement, making it the top line. Profit, on the other hand, is referred to as the bottom line. Profit is lower than revenue because expenses and liabilities are deducted.

At Atos, we have an ambitious environmental program in place to reduce our energy consumption, business travel and our greenhouse gas emissions.

Even amid the business challenges, Atos has remained in acquisition mode in 2021. Key deals have included: July 2021: Acquring Visual BI, Nimblix and Ideal Grp. The companies offer expertise across Snowflake, high-performance computing and manufacturing expertise.

Who is the head of strategy Atos? ›

Miguel Fernandez - Global Head of Strategy & Innovation - Atos | LinkedIn.

Security of this information is vital for Atos. Secret information is defined as information of such a damaging nature that unauthorized disclosure could cause extreme financial damage to Atos or could affect significantly the price of the market share and may result in the imprisonment of Atos management or employees.

Atos aims to certify all its main facilities around the world for ISO 14001. The certification requires high standards in a range of environmental issues such as carbon emissions, energy consumption, waste management, recycling, water use and employee awareness and is increasingly requested by prospective clients.

Atos's competitors include EY, McKinsey & Company, Deloitte, IBM.

Atos is a European multinational information technology (IT) service and consulting company with headquarters in Bezons, France, and offices worldwide.

We work together to deliver the top-quality, tailored solutions our clients expect, all around the world.

Vision and ambition To help its clients across all sectors prepare for a new era of digital business, Atos applies cutting-edge technologies and extensive industry knowledge.