Group 1 - Cosmian announces a strategic partnership with Eviden to create a joint offering that integrates Eviden's sovereign HSMs with Cosmian's crypto-agile KMS [1][4] - The new solution ensures total control of encryption keys through a 100% sovereign infrastructure, enhancing security for various deployment environments [2][5] - The native integration of certified HSM and crypto-agile KMS provides organizations with high security levels while maintaining scalability and operational flexibility [3][5] Group 2 - The partnership aims to empower French and European companies to maintain control over sensitive data across different deployment environments [4] - Eviden emphasizes the commitment to providing maximum security and agility for enterprises, particularly in highly regulated sectors [5][7] - Cosmian has been a leader in next-generation cryptography since 2018, offering solutions for securing public cloud and confidential AI [6]

Core Insights - Atos has been awarded a five-year contract worth £150 million by the UK Department for Environment, Food and Rural Affairs (DEFRA) to enhance end user services for its 34,000 employees across the UK [2][3]. Group 1: Contract Details - The contract aims to transform DEFRA's service desk and end user services into a unified, agile service, improving quality and efficiency through modern technologies such as AI, machine learning, analytics, and automation [3]. - Atos will implement environmentally friendly practices, including repairing and refurbishing hardware, minimizing packaging, and donating unused devices to charities [4]. Group 2: Company Background - Atos is recognized as a leader in digital transformation, employing approximately 78,000 people and generating annual revenue of around €10 billion [6]. - The company has been positioned as a Leader in Gartner's 2024 Magic Quadrant for Outsourced Digital Workplace Services for the eighth consecutive year, highlighting its expertise in providing best-in-class services [6]. Group 3: Strategic Focus - Atos emphasizes a sustainable digital workplace, offering over 20 "Tech for Good" services that focus on social value, accessibility, and data analytics [5]. - The company's mission includes supporting the development of knowledge, education, and research while promoting a secure and sustainable information space [7].

Core Insights - Atos has successfully partnered with Special Olympics International as the key Technology Partner for the World Winter Games Turin 2025, delivering critical IT services to ensure the event's success [1][5][11] Group 1: Event Overview - The World Winter Games took place from March 8 to 16, 2025, featuring approximately 1,500 athletes and Unified partners from 100 nations, alongside 2,000 volunteers and over 500 media representatives [2] - Atos provided essential services for 9 sports and activities, including Alpine Skiing, Cross Country Skiing, and Figure Skating, among others [3] Group 2: Atos' Role and Services - Atos delivered a range of IT services, including competition management, data processing, and Timing and Scoring integration, ensuring a seamless experience for athletes and organizers [3][5] - The company utilized its expertise from the Sport Technology Center of Excellence in Spain to monitor and support the Global Games System throughout the competition [6] Group 3: Strategic Partnership - The partnership with Special Olympics is aimed at achieving digital transformation goals, enhancing the competitive experiences of athletes through advanced digital tools [8] - Atos has been involved with the Olympic Movement since 1992 and continues to provide digital technology services for various major sporting events [11][13] Group 4: Company Profile - Atos is a global leader in digital transformation with approximately 82,000 employees and annual revenue of around €10 billion, specializing in cybersecurity, cloud, and high-performance computing [13][14] - The company is committed to decarbonization and providing tailored end-to-end solutions across various industries [13]

Core Insights - Atos Belgium successfully implemented the Eviden Product Carbon Footprint Platform at Venator, marking the completion of a project that started in October 2023 and concluded in December 2024 [1] - The Eviden PCF Platform automates the carbon footprint calculation for Venator's product portfolio, integrating seamlessly with its IT systems [2] - The collaboration involved close teamwork and expertise in Life Cycle Assessment (LCA) to ensure accurate PCF calculations [3] Company Insights - Atos is a global leader in digital transformation with approximately 82,000 employees and annual revenue of around €10 billion, focusing on cybersecurity, cloud, and high-performance computing [6] - Venator is a global manufacturer of chemical products, committed to sustainability and innovation, providing pigments and additives that enhance product life and reduce energy consumption [9] Industry Insights - The Eviden PCF Platform is seen as a significant advancement for the chemical industry, aiding in the reduction of greenhouse gas emissions towards net zero [5] - The platform's methodology is based on ISO14067:2018 and aligns with best practices for LCA calculation in the chemical industry, supporting companies in achieving their ESG goals [4]

Core Insights - Eviden has announced a strategic collaboration with Supermicro to distribute Supermicro's AI SuperCluster featuring NVIDIA GB200 NVL72 solutions across Europe, India, the Middle East, and South America, aiming to enhance enterprise AI capabilities and meet the demand for trillion parameter AI models training and inference [1][4][10] Group 1: Collaboration Details - The collaboration will leverage Supermicro's AI SuperCluster, which integrates 36 NVIDIA Grace CPUs and 72 NVIDIA Blackwell GPUs, designed to accelerate the development and deployment of next-generation large language models (LLMs) [2] - Supermicro will utilize Eviden's established leadership and extensive customer network in the specified regions to ensure exceptional customer satisfaction and effective deployment of large-scale AI systems [2][3] Group 2: Market Strategy - This partnership is part of a broader strategy for both companies to expand their presence in the Enterprise AI market, combining their strengths to provide innovative solutions that drive digital transformation and enhance business outcomes [4] - Emmanuel Le Roux, EVP Global Head of Eviden, emphasized the collaboration's potential to create a new paradigm of energy efficiency for AI infrastructure, aligning with their commitment to delivering advanced AI solutions [4] Group 3: Company Background - Eviden is a leader in digital transformation with an annual revenue of approximately €5 billion, operating in over 47 countries and employing around 41,000 professionals [5] - Atos, the parent company of Eviden, has an annual revenue of about €10 billion and is recognized as a leader in cybersecurity, cloud, and high-performance computing [6]

Core Viewpoint - Atos SE is implementing a reverse stock split to stabilize share price and reduce volatility, exchanging 10,000 old shares for 1 new share, effective April 24, 2025 [2][3][6]. Summary by Sections Reverse Stock Split Details - The reverse stock split will convert 190,229,952,668 old shares with a par value of €0.0001 into 19,022,995 new shares with a par value of €1.00 [6]. - The exchange period for shareholders to manage fractional shares is from March 25 to April 23, 2025 [6][11]. - After the exchange period, unexchanged old shares will be delisted [7]. Shareholder Impact - A shareholder with 30,000 shares will see their holdings change from 30,000 shares valued at €0.0049 each to 3 shares valued at €49 each, maintaining the total portfolio value of €147 [4]. - Fractional shares must be managed by shareholders to ensure they hold a multiple of 10,000 old shares by the end of the exchange period [6][7]. Trading Information - Old shares will be traded under ISIN code FR0000051732 until April 23, 2025, while new shares will be traded under ISIN code FR001400X2S4 starting April 24, 2025 [9]. - The notice of the reverse stock split will be published in the Bulletin des Annonces Légales Obligatoires on March 10, 2025 [10]. Company Overview - Atos is a global leader in digital transformation with approximately 78,000 employees and annual revenue of around €10 billion [15]. - The company specializes in cybersecurity, cloud services, and high-performance computing, providing tailored solutions across various industries [15].

Core Viewpoint - Atmos Energy reported a strong first-quarter fiscal 2025 earnings performance, with earnings per share surpassing estimates, although total revenues fell short of expectations. The company is maintaining a positive outlook for the fiscal year ahead. Financial Performance - Atmos Energy posted first-quarter fiscal 2025 earnings of $2.23 per share, exceeding the Zacks Consensus Estimate of $2.20 by 1.4% and improving 7.2% from the previous year's $2.08 [2] - Total revenues reached $1.18 billion, which was 16.2% below the Zacks Consensus Estimate of $1.40 billion, but represented a 1.7% increase from the year-ago quarter's $1.16 billion [3] Segmental Revenue Breakdown - Distribution segment revenues totaled $1.109 billion, reflecting a 0.4% increase from $1.105 billion in the prior year [4] - Pipeline and Storage segment revenues amounted to $255.4 million, marking a significant 20.9% increase from $211.2 million reported in the year-ago quarter [4] Operational Highlights - Operation and maintenance expenses were $207 million, up 24.5% from the previous year [5] - Operating income increased to $459.5 million, a 15.1% rise from the year-ago figure [5] - Interest expenses were reported at $52.9 million, up 2% from the previous year [5] - Consolidated distribution throughput was 109.6 million cubic feet, down 11.1% from the year-ago quarter [5] Financial Position - As of December 31, 2024, Atmos Energy had available liquidity of approximately $5.2 billion [6] - Cash and cash equivalents stood at $584.5 million, compared to $307.3 million as of September 30, 2024 [6] - Net cash flow from operating activities for the first three months of fiscal 2025 was $282 million, up from $245.3 million in the prior year [6] Capital Expenditure and Guidance - The company invested nearly $891.2 million in the first three months of fiscal 2025, with 86% allocated for enhancing the safety and reliability of its distribution and transportation systems [7] - Atmos Energy reaffirmed its fiscal 2025 earnings guidance in the range of $7.05-$7.25 per share, with the Zacks Consensus Estimate at $7.18 per share [8] - Total net income is projected to be between $1.12 billion and $1.15 billion [8] - Fiscal 2025 capital expenditure is anticipated to be $3.7 billion [9] Market Outlook - Atmos Energy holds a Zacks Rank 2 (Buy), indicating expectations for above-average returns in the coming months [11]

Core Insights - Atos reported a FY 2024 revenue of €9,577 million, a decrease of -5.4% organically, primarily due to contract terminations and market softness in key regions [3][10][14] - The operating margin for FY 2024 was €199 million, representing 2.1% of revenue, down from 4.4% in FY 2023 [9][13] - Free cash flow was negative at €-2,233 million, reflecting the end of one-off working capital optimization actions and increased capital expenditures [3][39][59] Financial Performance - Net income group share was €248 million, significantly improved from a loss of €3,441 million in FY 2023, largely due to a €3,520 million financial gain from restructuring [4][38][55] - The operating margin included approximately €40 million in provisions for underperforming contracts [8][17] - The total headcount decreased by -17.9% to 78,112 employees by the end of December 2024 [33] Business Segments - Eviden revenue was €4,604 million, down -6.7% organically, while Tech Foundations revenue was €4,972 million, down -4.1% organically [10][11] - The operating margin for Eviden was €90 million (2.0% of revenue), and for Tech Foundations, it was €109 million (2.2% of revenue) [10][17] - Digital activities within Eviden saw a high single-digit decline, impacted by contract terminations and market conditions [12][83] Regional Performance - North America revenue decreased by -12.3% to €1,909 million, while UK & Ireland revenue fell by -14.9% to €1,500 million [14][18][20] - Southern Europe revenue was down -1.9% to €2,080 million, and Benelux and the Nordics saw a slight increase of +4.6% to €946 million [14][22][23] - The overall book-to-bill ratio for FY 2024 was 82%, down from 94% in the previous year [28][35] Commercial Activity - Q4 2024 order entry reached €2.7 billion, with a book-to-bill ratio of 117%, benefiting from renewed client confidence post-restructuring [29][30] - Major contract renewals included significant agreements in application management and cybersecurity services [30][31] - The full backlog at the end of December 2024 was €13.0 billion, representing 1.3 years of revenue [31] Financial Restructuring - The financial restructuring resulted in a €3,520 million income, including a €2,766 million gain from debt-to-equity swaps [8][38][52] - Net debt at the end of December 2024 was €1,238 million, significantly reduced from €2,230 million in the previous year [40][64] - The company has established new financial covenants requiring a minimum liquidity level of €650 million [43][44]

Core Insights - Atos has entered a strategic partnership with Esri to enhance offerings in the digital twins market for territory and infrastructure applications [1][2] - The collaboration aims to combine Atos's expertise in digital technologies and AI with Esri's leadership in Geographic Information Systems (GIS) to create powerful new tools for customers [2][3] Company Contributions - Atos will contribute its know-how in 3D system modeling and digital twin development, along with experience in managing complex projects and knowledge of specific markets like defense and civil security [3] - Esri will provide capabilities in data integration and interoperability, ensuring Atos and its customers receive necessary technical support, skills, training, and certifications [3] Market Opportunities - The partnership will expand service offerings in key sectors including: - Public sector: Supporting local authorities in territorial planning and climate risk management [4] - Private sector: Custom solutions for industries such as BIM, logistics, and subsurface exploration for oil and mining [5] - Defense and security: Advanced geospatial identification tools and humanitarian crisis management [5] - Emergency response: Real-time analysis of disaster areas and logistics during geolocatable events [5] Technological Advancements - The collaboration will lead to the development of AI and GIS-based decision-making tools, providing public authorities with advanced solutions for climate risk management and natural resource management [6] - The integration of Esri's ArcGIS platform with Atos's expertise will create opportunities for innovative projects in modeling and analyzing spatial data [7]

Economic Overview - Consumer confidence in the U.S. has significantly declined, with the Conference Board's consumer survey index dropping to 98.3 in February, below the expected 102.3, marking the lowest level since June 2024 and the largest drop since August 2021 [4] - The University of Michigan Consumer Sentiment Index also fell to 64.7 in February from 71.7 in January, indicating a 15-month low [5] - Inflation has surged, prompting the Federal Reserve to halt its rate cuts, which had previously been reduced by 100 basis points between September and December 2024 [7][8] Utility Stocks Investment - In light of the economic uncertainty, investing in utility stocks is recommended as they are considered defensive. Notable companies include NiSource Inc. (NI), Atmos Energy Corporation (ATO), Southwest Gas Holdings, Inc. (SWX), and Entergy Corporation (ETR), all of which have a Zacks Rank of 1 (Strong Buy) or 2 (Buy) [2] - These utility stocks are characterized by low beta values (greater than 0 but less than 1), making them less volatile compared to the broader market [3] Company-Specific Insights NiSource Inc. (NI) - NiSource serves approximately 3.7 million customers across six states and has a beta of 0.54 with a current dividend yield of 2.80% [10][11] - The expected earnings growth rate for NiSource is 9.1% for the current year, with a Zacks Consensus Estimate improvement of 2.7% over the past 60 days [11] Atmos Energy Corporation (ATO) - Atmos Energy provides natural gas distribution and storage services to nearly 3.4 million customers in eight states, with a beta of 0.72 and a current dividend yield of 2.32% [12][13] - The expected earnings growth rate for Atmos Energy is 5.1% for the current year, with a slight improvement in the Zacks Consensus Estimate [13] Southwest Gas Holdings, Inc. (SWX) - Southwest Gas Holdings operates a regulated utility providing natural gas services, with an expected earnings growth rate of 16.8% for the current year and a beta of 0.44 [14][15] - The Zacks Consensus Estimate for Southwest Gas Holdings has improved by 0.8% over the last 60 days [15] Entergy Corporation (ETR) - Entergy is engaged in electric power production and retail distribution, with a generating capacity of 30,000 megawatts, including over 8,000 megawatts of nuclear capacity [16][17] - The expected earnings growth rate for Entergy is 6.3% for the current year, with a 1% improvement in the Zacks Consensus Estimate over the past 60 days [17]