Atos SE (ATO.PA)
| Previous close | 1.9900 |
| Open | 1.8530 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's range | 1.7840 - 1.9455 |
| 52-week range | 1.5400 - 14.9700 |
| Volume | |
| Avg. volume | 2,961,145 |
| Market cap | 213.648M |
| Beta (5Y monthly) | 1.39 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 14 May 2021 |
| 1y target est | N/A |
- Reuters
Atos says it will need more cash than expected
(Reuters) -Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to an increased need for cash and potentially additional debt reduction, forcing it to update in the coming days the parameters of its refinancing plan presented in early April. Atos also said it would extend the deadline for refinancing proposals from existing stakeholders and third-party investors to May 3 from original April 26. The technology company, which manages data and cybersecurity for France's nuclear industry and the upcoming Olympic Games, is in the midst of a refinancing, which includes raising 1.2 billion euros ($1.29 billion) via equity and new loans and will result in significant dilution for existing shareholders.
- Fortune
French IT firm Atos was once a crown jewel valued at $15 billion. Now, it’s drowning in debt and the government is helping it stay afloat
It’s been a sharp fall from grace for the French crown jewel Atos as its valuation is down nearly 98% since 2017.
- Bloomberg
Atos Seeks €1.2 Billion in Equity and Debt for Rescue Plan
(Bloomberg) -- Embattled French IT company Atos SE is seeking €600 million ($651 million) in cash and another €600 million in credit lines and loan guarantees to fund the business through 2025, according to a restructuring plan presented to creditors.Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareBillionaire Geiger, Blackstone Near L’Occitane DealUkraine Says It’s Behind Blaze on Russian Warship in Baltic SeaYellen Junks 200 Years
