Atmos Energy (US:ATO) Globenewswire·2025-10-20 17:04Core Insights - Atos Group reported a Q3 2025 estimated net change in cash of approximately €-38 million, confirming its FY25 profitability and cash generation targets as part of the ongoing Genesis transformation plan [1][22][24] Financial Performance - Q3 2025 revenue reached €1,977 million, reflecting a 10.5% organic decline year-on-year, with year-to-date revenue totaling €5,998 million, representing a 15.2% organic decline [5][6][9] - The Atos Strategic Business Unit (SBU) generated €1,621 million in revenue, down 19.3% organically, while the Eviden SBU saw a 77.1% increase in revenue to €356 million, largely due to the Jupiter contract [7][15] - The overall book-to-bill ratio for Q3 2025 was 66%, remaining flat year-on-year, with the Atos SBU improving by 9 points and the Eviden SBU decreasing by 52 points due to seasonality [16][20] Strategic Developments - The company is executing its Genesis transformation plan, which includes 22 workstreams under seven pillars aimed at restoring business fundamentals and improving operational efficiency [21][24] - Significant progress was made in restructuring efforts, with a reduction of 1,831 headcount and a cash restructuring cost of €87 million during Q3 2025 [25] Market Dynamics - Early signs of commercial recovery were noted in North America and the Germany, Austria, and Central Europe (GACE) region, despite a generally soft market environment [4][5] - The commercial pipeline is gaining momentum, with increased contributions from cross-selling activities [5][16] Liquidity and Cash Position - As of September 30, 2025, Atos Group's liquidity was estimated at €1,769 million, down from €1,804 million as of June 30, 2025, but still significantly above the minimum required level [23][24] Outlook - The company confirmed its FY 2025 profitability and cash generation targets, anticipating over €8 billion in revenue, while also expecting to resume organic growth and positive cash generation in FY 2026 [24][32]