atos (AEXAF) Key Developments
Atos SE Presents at The Future of General Insurance 2014, Nov-20-2014 11:25 AM
Nov 15 14
Atos SE Presents at The Future of General Insurance 2014, Nov-20-2014 11:25 AM. Venue: London, United Kingdom. Speakers: Remco Neuteboom, Global Head of Digital Transformation, Financial Services.
Atos and RSD Announce Strategic Partnership to Deliver Information Governance Solutions
Nov 13 14
Atos and RSD announced a strategic partnership to deliver Information Governance solutions. The joint solution empowers customers to cut costs by enforcing appropriate records retention and disposal policies and preserving content that is valuable to the enterprise, moving away from the syndrome, 'Keep everything, everywhere, forever'. This partnership leverages Atos expertise in various markets to deliver specialized consulting approach for information management starting with banking, insurance and pharmaceutical sectors. Information Management Services from Atos now includes end-to-end solutions based on RSD GLASS(R) products to address the complex compliance mandates, laws and regulations imposed by regulatory bodies to companies for structured and unstructured contents, especially when they operate in multiple jurisdictions with heterogeneous technologies.
Atos SE Signs New Five-Year EUR 1.8 Billion Revolving Credit Facility
Nov 7 14
Atos SE announced it has signed a new five year multi-currency revolving credit facility (the facility), for an amount of EUR 1.8 billion, maturing in November 2019, with an option for Atos to request the extension of the Facility maturity date until November 2021. The facility has been arranged by a syndicate of 13 international banks, and was largely oversubscribed, showing the confidence of the market in the credit quality of Atos. The facility will be available for general corporate purposes and is replacing the existing EUR 1.2 billion facility signed in April 2011.
Atos SE Reports Revenue Results for the Third Quarter of 2014; Reaffirms Earnings Guidance for the Year 2014
Nov 7 14
Atos SE reported revenue results for the third quarter of 2014. For the third quarter, the company's revenue was EUR 2,209 million, plus 5.9% year-on-year and minus 0.9% organically.
The company reaffirmed earnings guidance for the year 2014. First, in term of revenue, taking into account 4 months of Bull contribution, the group expect to grow circa 5% year-on-year and to be nearly stable organically. The group confirms the objective to reach an operating margin rates of 7.5% to 8% of revenue, including 4 months of Bull consolidation. And finally, the group expect to achieve a free cash flow above year 2013 level before circa EUR 20 million of additional cash-out that may expense in fourth quarter to accelerate the Bull reorganization.
Atos Signs Smart Metering Contract with Salzburg AG
Nov 5 14
Atos has been selected by Salzburg AG to manage the complex transition of 470.000 electricity meters to smart meters and monitor the needed infrastructure. An international team comprised of Atos and Atos Worldgrid consultants from four countries are currently working on the transition. The smart meters will be installed by the end of 2019 in accordance with EU Directive 2020 and will serve 100% of consumers in Salzburg.