Atos presents today its mid-term Ambition

The Leader in Secure & Decarbonized Digital

Paris, June 24, 2020 – Today, at the occasion of a fully global and digital 2020 Analyst Day, the Group presents its Vision, Ambition and Strategy in the mid-term.

Elie Girard, CEO said: “Atos’ ambition is to become the leader in secure and decarbonized digital. Over the next years, the Group will pivot towards growth, leveraging on SPRING to move Atos to an Industry approach and capture this decade’s new Cloud and Digital breakthroughs, on Digital Security to increase further its leadership, and on Decarbonization where Atos is a pioneer in bringing to its customers its unique know-how both on core IT, and on business processes. Acquisitions of bolt-on Digital specialists as well as Cybersecurity experts will enhance Atos offering and growth profile.

As a result of this strategy, Digital, Cloud, Security, and Decarbonization are expected to represent 65% of Group revenue in the mid-term compared to 40% today reflecting a major change in the Group offering. Atos strong technological DNA, its longstanding global partnerships, as well as the strong customer obsession culture of its 110 000 colleagues, are the ideal strengths to engage in this journey.

With no financial leverage and therefore the required financial solidity to move forward, Atos is fully geared to reach its mid-term targets for the benefit of all its stakeholders.”

Mid-term targets

The Group’s ambition is to reach the following targets in the mid-term:

• Revenue growth at constant currency: +5% to +7%;
• Operating margin rate: 11% to 12% of revenue;
• Free cash flow: an operating margin conversion rate to free cash flow above 60%.

The Group confirms all the ojectives for 2020 as communicated as of April 22, 2020 at the occasion of its Q1 2020 revenue release.

Vision, Ambition & Strategy

The Group believes that Digitalization has delivered only a fraction of its potential. While the data deluge of the last decade will accelerate, it will now be topped by a profusion of data-driven services. In this new era, customers are calling for value – they want outcome-based services –, experience – they want innovative and flexible services –, and safety – they want secure and decarbonized services.

Those customer calls focus on 7 key digital breakthroughs which turn into growth levers for Atos leveraging on its skills and assets (during the Analyst Day a specific session will be dedicated to each of these digital breakthroughs):