Full Year 2025 Results: Atos Group has Delivered on its Commitments to Restore its Foundations. Growth Chapter Ready to be Opened.

Core Insights - Atos Group has successfully restored its operational foundations and is poised for a new chapter of AI-led growth, having met or exceeded its financial targets for FY 2025 [3][4][6]. Financial Performance - Revenue for FY 2025 was €8,001 million, a decrease of €1,575 million from FY 2024, reflecting a -13.8% decline [4][6][69]. - The operating margin improved to €351 million, representing 4.4% of revenue, a significant increase from 2.1% in FY 2024 [4][8][69]. - Net income for the Group was a loss of €1,404 million, compared to a profit of €248 million in FY 2024 [4][43][71]. - The net change in cash was €-326 million, an improvement from €-735 million in FY 2024 [4][44]. Operational Highlights - The Group's operating margin saw a year-on-year increase of 269 basis points, driven by cost reduction measures under the Genesis transformation plan [10][8]. - The execution of the Genesis strategic plan was ahead of schedule, with 88% of the three-year savings target completed in less than one year [6][24]. - The Group's greenhouse gas emissions were reduced by 58% compared to the 2019 baseline [6]. Market Position and Client Confidence - Atos has strengthened its commercial traction, with early signs of renewed client confidence reflected in a renewal rate of 92% for FY 2025 [21][6]. - Order entry reached €7,084 million, resulting in a book-to-bill ratio of 89%, up from 82% in the previous year [21][6]. Strategic Initiatives - The launch of four agentic studios and a new consulting brand positions Atos to support clients in adopting AI securely and responsibly [4][36]. - The Group aims to achieve a leverage ratio below 1.5x net debt/OMDA by FY 2028, with expectations for profitable growth and cash generation to accelerate in 2027 and 2028 [52][47]. Human Resources and Sustainability - The total headcount decreased by 19.1% to 63,193, primarily due to the Genesis headcount reduction program [38]. - Atos Group achieved a score of 73/100 in the Corporate Sustainability Assessment, positioning it among the strongest performers in its industry [27].