European IT services company
Atos Origin has
reported positive financial results for the first half of 2008, after
introducing a business transformation programme to increase focus on the
company’s key markets.
Sales, revenue and operating profit margin all increased in comparison to
last year’s results for the same period. Operating profit margin improved by six
per cent, while revenue increased by 12 per cent to £376m.
After
posting
a poor performance from the
Atos
Consulting division in the first quarter, when revenue fell seven per cent
to £70m, Atos Origin says the “recovery” of the division “is underway” and that
consultants are being moved to bid teams and systems integration projects and
helping the business to win new deals.
The company is now confident that it is growing in the UK again, due to a
decision to concentrate its efforts on the key sectors of public sector, health
and transport, said UK chief executive Keith Wilman.
“Our transformational programme, which was launched in 2007 to accelerate
organic growth, improve operational efficiency and operate as a global economy,
is continuing at full speed,” he said.
“In the UK, we are seeing the benefits in terms of a pipeline that is 50 per
cent stronger than at this time last year, and more than 70 per cent of new
sales coming from our customers thanks to an increased focus on presenting the
breadth of our services to our customers.”
Significant deals won by Atos Origin this year include a Wi-Fi rollout for
the Ministry of
Justice, a mobile ticketing service for
Heathrow Express
and a contract for the provision of IT products and services for
NHS Connecting for Health.
Comments
Have your say on this article