FILE PHOTO: People walk in front of the Atos company's logo in Paris, France, April 12, 2016. REUTERS/Philippe Wojazer
PARIS (Reuters) -Atos' new Chief Executive Rodolphe Belmer vowed on Thursday to start over with a clean slate after the French IT consulting group took total writedowns of 2.4 billion euros ($2.7) in the second-half of 2021, driving the company's shares down 5%.
The company exited France's CAC 40 benchmark stock index and lost half of its market value last year after some accounting errors and a failed attempt to acquire a U.S. group precipitated a loss in investor confidence, leading to the departure of Belmer's predecessor, Elie Girard.
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