(CercleFinance.com) – Atos announces that it has won, through its Eviden business line, a $100 million strategic contract with the National Center for Medium-Range Weather Forecasts (NCMRWF), on behalf of the Indian Ministry of Science of the earth.
Under this contract, Eviden will provide two new supercomputers dedicated to weather modeling and climate research for the Indian Institute of Tropical Meteorology (IITM) and NCMRWF, respectively in Pune and Noida, India.
At the current price, the 2023 PER comes out at almost 6 times with a yield close to 2%.