Atos Group announces half-year 2025 financial results, with revenue at €4,020m, down 17.4% organically. Operating margin improved to 2.8%, up 80 bps from last year. Free Cash Flow improved to -€96m. Positive commercial momentum with 10 pts yoy Book-to-Bill improvement. Full Year 2025 targets and long-term trajectory confirmed.
Progress in the Genesis transformation plan with over 50% restructuring target achieved by June 2025. Operating margin improved by over 15% yoy despite revenue decline. Atos SBU operating margin up to 5.7%, but Eviden SBU down to -7.9%. Significant improvement in Free Cash Flow to -€96m.
Atos Group signed a share purchase agreement with the French State for the sale of its Advanced Computing activities for an EV of €410m. The transaction perimeter is expected to generate revenue of circa €0.8 billion in 2025. The French State to become the new shareholder of these activities, supporting long-term development.
Revenue decline in H1 2025 driven by contract losses and exits. Operating margin improved by 15% yoy. Atos Germany revenue down 7.6%, USA & Canada down 29%, France down 10.8%, UK & Ireland down 29%. International Markets down 16%, BNN Benelux & the Nordics down 5.4%, Eviden down 11.9%.
Genesis execution progress includes growth transformation, countries review, contract portfolio review, and optimized delivery. Order entry reached €3.3bn in H1 2025, Book-to-Bill ratio at 83%. Full backlog reached €12bn, qualified pipeline at €4.1bn. Net debt at €1,681m with a leverage ratio of 4.0x.
Atos Group confirms full year 2025 targets of c. €8.5 billion revenue, operating margin around 4%, and net change in cash before debt repayment of c. -€350 million. Long-term financial trajectory includes positive organic growth and leverage ratio below 1.5x net debt/OMDAL.
Read more at GlobeNewswire: Half-year 2025 results on track. Full Year 2025
