Atos - Registration Document 2016

E Financial

E.1

Operational review

Infrastructure &DataManagement

E.1.3.1

2015*

2016

%organic

(In € million)

Revenue

6,595 682.9 10.4%

6,539 555.5 8.5%

+0.9%

Operating margin

Operating margin rate

At constant scope and exchange rates. *

workplace, supporting growth in several geographies. won several key contracts notably in the area of digital Germany, North America and France. In addition, the Division trends and recorded a double digit increase especially in Disney and Microsoft in Telco, Media & Utilities combined with North America was fueled by growth in large contracts such as Resources as well as new volumes and pricing mix with a new business signed with the Texas department of Information Orchestrated Hybrid Cloud is fully addressing these emerging comprehensive cloud strategies and frameworks. Atos Canopy € 6,595 million, up +0.9% at constant scope and exchange rate, Infrastructure & Data Management revenue was benefitting from the growing trend within its customers to deploy Eastern Europe due to some large equipment deliveries recorded ramp-up partly offset the negative performance of Central & in the prior year in the public sector in Slovakia. registered in Asia and South America thanks to new contracts various local administrations. In Other Business Units, growth In the UK, ramp-up in new contracts and additional volumes with existing clients did not fully compensate for the base effect Californian County. Germany benefitted from the ramp-up of growing Communication & Collaboration Services (CCS) with large new contracts such as Rheinmetall and BASF as well as the volumes with NS&I and BBC. Finally, France almost achieved to in the first half of 2015 related to outstanding sales and high difficulties, notably in Financial Services. stabilize its revenue, and Benelux & the Nordics was still facing

BY GEOGRAPHY INFRASTRUCTURE &DATAMANAGEMENT REVENUE PROFILE

France 7% Other countries 14%

North America 30%

Benelux & The Nordics 8%

Germany 20%

United-Kingdom & Ireland 21%

Eastern Europe profitability increased either in line with revenue America, Germany, France, the United Kingdom and Central & including Tier One Program actions. This program embeds performance or even above through a tight monitoring of costs continued offshoring wherever relevant and procurement savings. synergies from integrations, workforce management actions, to the increase of the operating margin improvement of the resulting from a large restructuring program strongly contributed Division, through its CCS activity. By geographies, North and transformation programs. The recovery in Unify business decrease combined with efficiency gains through industrialization Operating margin in Infrastructure & Data Management was improvement of +190 basis point compared to 2015 on a like for € 682.9 million, representing 10.4% of revenue. The infrastructures into the Cloud generating a significant unit cost like basis was pulled by the migration of several customers

E

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