Atos cuts revenue outlook after 11 percent Q1 sales fall
French tech firm Atos reported an 11 percent drop in first-quarter organic revenue. The company narrowed its annual forecast to a decline of 1 to 5 percent.
The technology services provider ATOS SE has narrowed its annual revenue guidance for 2026 following a challenging first quarter marked by an 11% organic revenue decline. Headquartered in France, the firm is a major contractor for the National Health Service in the United Kingdom and serves as a key IT partner for the Olympic Games.
The group now expects its organic revenue to contract between 1% and 5% for the year. This update refines a previous outlook that had held out hope for positive growth but included a negative scenario of a 5% drop. Quarterly revenue, excluding the impact of recent asset sales, totaled 1.64 billion euros. This figure represents roughly $1.93 billion when calculated against the EUR/USD exchange rate.
In its earnings report, the company highlighted a slower-than-expected revenue ramp-up in the North American market. Executives noted that the current uncertain economic environment has led some clients to adopt a wait-and-see approach regarding new projects and spending.
