(CercleFinance.com) – Atos managed to gain ground on Wednesday on the Paris Stock Exchange despite the failure of its negotiations with EP Equity Investment (EPEI), the holding company of Czech billionaire Daniel Kretinsky who was considering buying his historic activities.
The technology group explains that it did not reach a ‘satisfactory’ agreement following exclusive discussions initiated last summer with a view to the sale of its outsourcing branch ‘Tech Foundations’.
In a press release, Atos said it intends to continue to consider strategic options for this division, which will be managed as a separate activity from Eviden (cybersecurity), with a coordinated commercial strategy.
This announcement comes as the company unveiled this morning unsurprising preliminary annual results, in line with its objectives.
Its turnover for the 2023 financial year stood at 10.7 billion euros, organic growth of 0.4%, Eviden’s internal growth of 2.9% having more than offset the organic decline. of 1.7% of Tech Foundations.
Its operating margin reached 4.4%, an organic increase of 1.7 percentage points, with an improvement in profitability noted at both Eviden and Tech Foundations.
Closely followed, the free cash flow for the year 2023 stands at nearly 1.1 billion euros, against a backdrop of higher reorganization costs, while its net financial debt reaches 2.2 billion.
Atos says it has rescheduled the publication of its full annual results to March 20, as its auditors have not finalized their audit work on goodwill impairments.
Following these announcements, Atos shares rose by more than 4% on Wednesday morning on the Paris Stock Exchange.
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