Jan 21 (Reuters) - French IT group Atos said on Wednesday it expected to report a sharp drop in annual revenue, in line with its own guidance, as contract losses persisted through the quarter that ended on December 31.
Group revenue in 2025 is estimated to have fallento 8 billion euros ($9.4 billion), which matches the company's earlier forecast, Atos said. That would mark an organic decline of 13.8%, said CEO Philippe Salle on a media call.
Once a crown jewel of the European tech sector, Atos has emerged from a deep debt restructuring and is seeking to rebuild investor confidence after years of setbacks that almost pushed it into a financial collapse.
The company is pursuing a reorganisation through asset sales and job reductions, shrinking a group that at its peak was valued at more than 10 billion euros to one-tenth of that valuation at 1 billion euros.
"We can see customer confidence is gradually returning, perhaps more slowly than I had thought," Salle told reporters.
Atos expects to exit around 10 additional countries in 2026, after completing divestments in Scandinavia and Latin America, he said.
The company expects to exceed its 2025 profitability target and said it would publish a 2026 outlook on March 6 alongside its finalised full-year results.
($1 = 0.8530 euros)
(Reporting by Gianluca Lo Nostro in Gdansk; Editing by Milla Nissi-Prussak)
