PARIS (Reuters) – French IT consulting firm Atos stated late on Wednesday that it took complete writedowns of 2.4 billion euros ($2.74 billion) within the second-half of 2021 as half of a reshuffling of the group round three core actions.
The impairment prices are divided up between a write-down of about 1.9 billion euros affecting its goodwill and non-current property.
This comes on high of an impairment of about 500 million euros of contract asset, reserves for unhealthy money owed and provision for future losses, the corporate stated.
The struggling group, which suffered a sequence of setbacks that permit to the substitute of its CEO final 12 months, additionally issued a second revenue warning for the reason that begin of the 12 months.
It stated that its working margin in 2021 will likely be round 3.5% in 2021. On Jan. 10, it stated this margin can be round 4%.
It stated it now forecast a lower of its 2021 income of about 2.6% to 10.8 billion euros, in contrast with a earlier forecast of a lower of 2.4%.
($1 = 0.8757 euros)
(Reporting by Mathieu Rosemain; modifying by Jason Neely)
