France's Atos sees sales at loss-making unit bottoming out in 2024


FILE PHOTO The logo of Atos is pictured at the Eurosatory international defence and security exhibition in Villepinte near Paris France June 13 2022. REUTERSBenoit TessierFile Photo

FILE PHOTO: The logo of Atos is pictured at the Eurosatory international defence and security exhibition in Villepinte, near Paris, France June 13, 2022. REUTERS/Benoit Tessier/File Photo

PARIS (Reuters) -Atos, the struggling French IT consulting firm planning to split into two listed entities, said it expected sales at loss-making unit Tech Foundations to hit bottom in 2024.

The firm, which will hold an investor day on Wednesday, said Tech Foundations - which groups its legacy IT consulting activities - would generate about 5 billion euros ($5.3 billion) in sales in 2024 and aimed to return to growth from 2026.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


All Headlines:

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In