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  • 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.

  • Globe Newswire

    Atos reports first quarter 2024 performance

    Press Release Atos reports first quarter 2024 performance1 Q1 2024 Revenue €2,479m, down -2.6% organically Eviden down -3.9% organically, reflecting continued softness in Americas and the UKTech Foundations down -1.5% organically, reflecting lower scope of work with certain customers in Americas and Central Europe Order entry of €1.6bn for a book-to-bill of 64%, compared with 73% in prior year Eviden book-to-bill at 83%, compared with 79% in prior year, driven by stronger demand in High-Performa

  • Globe Newswire

    Atos to secure and optimize edge observability & operations with Centerity Systems and Dell NativeEdge

    News Atos to secure and optimize edge observability & operations with Centerity Systems and Dell NativeEdge Centerity CSM2 Edge Wall-to-Wall observability, automation and asset management software platform is now included in Atos edge to cloud AI-enabled offering, Atos SmartEdge for Business Outcomes, supported by Dell NativeEdge Paris, France – April 23, 2024 – Atos today announces a partnership with Centerity systems to include its CSM2 software platform, a Dell NativeEdge certified ISV, in th