France's Atos reports drop in quarterly revenue, but signals more client orders
Cybersecurity
Atos reported a drop in first-quarter revenue on Thursday, hit by a lower order entry in 2024 due to a sharp reduction of business process outsourcing activities in Britain, but signalled more orders coming from clients. The IT group's revenue came in at 2.07 billion euros ($2.35 billion), down 15.9 per cent from a year ago. Both its cloud and cybersecurity divisions were hit by volume reduction in the UK as well as contract completions, with revenues down 14 per cent and 17.5 per cent
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