PracticeConsultingConsulting leads Atos Origin revenue recovery

Consulting leads Atos Origin revenue recovery

IT services provider experiences significant revenue rise and plans to carry on past 2005

Atos Origin’s revenues have increased by more than 8% to €2.7bn ((£1.8bn) for
the first six months of the year, the firm has announced.

In a statement Atos Origin said that revenues for the six months ended 30
June 2005 amounted to €2.7bn, representing an increase of 8.1% compared with the
same period last year. The firm’s operating margin also increased in line with
expectations to 6.7%, while net debt fell substantially to €363m, following Atos
Origin’s disposal of its Nordic activities at the end of June.

The Atos group reported under the new International Financial Reporting
Standards for the first time. It announced that its basic earnings per share
under IFRS, before unusual items (net of tax) were 33% higher than the figure
for 2004 on a fully comparable restated basis.

Bernard Bourigeaud, group chief executive of Atos Origin, said that the
group’s performance was ‘broad-based’ and that each of the three main service
lines recorded ‘good growth’, with consulting being especially strong and
‘leading the recovery’.

Bourigeaud also hailed the integration of the Sema Group two years ago and
said that it had been ‘successfully completed’ and transformed Atos Origin into
a ‘major player’ in the global IT services market.

‘We now have strong leadership positions in France, The Netherlands and the
UK. We will double our revenues in Germany this year, although we still have
work to do to reach our scale objective, and we are making good progress in
Spain and Italy.

‘We have also started to lay solid foundations for the expansion of our
business in Asia Pacific. This is a vibrant region, with a strong economic
growth rate and many opportunities to deliver radical IT solutions and services
to our clients.

‘In China, we already have a strong base of clients and our Olympic team is
preparing for the Beijing Games in 2008. In Malaysia, China and especially in
India, we are growing our offshore support capability rapidly, in line with
demand from our clients.’

Bourigeaud added that the firm would ‘continue to focus on achieving organic
growth’ throughout the remainder of 2005, ensuring that it ‘executed properly’
on large contracts and provided its clients with the ‘highest level of service’.

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