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Financial
E.1
Operational review
Atos
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Registration Document 2016
127
E
to software license sales which largely offset the base effect of
growth, mainly driven by a very strong performance attributable
weather forecast).
an HPC project delivered in the prior year to DKRZ (national
Big Data & Cybersecurity achieved a solid double digit revenue
the pension one-off recorded in 2015.
CCS services, which largely compensated for the base effect of
constant scope and exchange rates. The Business Unit
performance, combined with continued improvement of the
profitability improvement was overall resulting from the sales
optimization of offshore delivery and synergies with the Unify
workforce management as well as continued increased
revenue, significantly improving compared to the prior year at
Operating margin
reached € 200.9 million or 10.3% of
United Kingdom& Ireland
E.1.4.3
(In € million)
2016
2015*
%organic
Revenue
1,790
1,797
-0.4%
Operating margin
238.8
196.7
Operating margin rate
13.3% 10.9%
At constant scope and exchange rates.
*
particular in BPO.
Revenue
was € 1,790 million, almost flat year-on-year at
of +4.5% in the second semester which almost compensated for
constant scope and exchange rates, with a strong improvement
some contracts in Infrastructure and Data Management, in
the first half which was notably affected by the base effect of
projects with the Ministry of Justice, which more than offset the
and projects achieved with DWP for the PIP contract, new
traditional customers. Globally, the Division was impacted in
impact from off-boarding contracts or lower volumes with some
Financial Services by outstanding volumes performed for NS&I in
with the prior year in Infrastructure & Data Management. Public
The Business Unit was mainly impacted by the comparison effect
of the new contract with Metropolitan Police, increased volumes
and Health posted a solid growth, benefiting from the ramp-up
several other contracts.
Mail group partly compensated for the off-boarding effect of
the prior year, and similarly in Telco, Media & Utilities with the
sector, the ramp up of the contract won last year with the Royal
BBC account. In the Manufacturing, Retail and Transportation
projects were not renewed with some other clients.
compensate for contract ramp-downs. In the Public sector, the
opportunities closed this year will benefit in 2017 and did not
the Welsh Government and in the Defense area, while several
activity increased on key accounts such as Metropolitan Police,
However, growth was achieved thanks to new contracts and
Revenue in Business & Platform Solutions was slightly down.
Brothers, and in the Telecom sector, mainly with BBC and Sky.
increased volumes in Financial Services, notably with Close
In the Manufacturing, Retail & Transportation sector, the growth
Big Data & Cybersecurity showed a solid momentum, with strong
performance was primarily driven by major new HPC deals,
sales in the Public and in Manufacturing sectors. Such a
dynamic in cyber-security projects.
selling new Sequana technology, combined with a particular
to strong management actions implemented to pursue costs
achieved to improve its level of profitability thanks, in particular,
project management on large contracts.
savings through Tier One Program initiatives, as well as tight
Operating margin
was € 238.8 million and represented 13.3%
pensions recorded in the second semester, consistent with the
of the revenues, including a positive 41 million impact from
basis points excluding pension one-offs. The Business Unit
one recorded last year. Operating margin improved by +210
France
E.1.4.4
(In € million)
2016
2015*
%organic
Revenue
1,709
1,671
+2.3%
Operating margin
125.4
102.9
Operating margin rate
7.3%
6.2%
At constant scope and exchange rates.
*
At € 1,709 million,
revenue
in France was up +2.3%
thanks to a positive trend in Business & Platform Solutions, as
organically. France confirmed the return to revenue growth
well as a continued solid performance in Big Data &
Cybersecurity.
transformation of its customers and started to sell new
in the other markets. The Division drove the cloud
and Cybersecurity at the renewal of the contracts with Sephora
transitional and transformation services together with Big Data
and PwC.
Infrastructure & Data Management was slightly down as higher
Public & Heath sector did not compensate for volume reductions
volumes and additional business achieved notably with DCNS in
Division recorded a much higher level of business with the
growth, showing an improvement in almost all markets. In
Business & Platform Solutions achieved a positive organic
from additional volumes notably with Renault. Financial Services
particular, Manufacturing, Retail & Transportation benefitted
volumes with several large institutions. In Public & Health, the
achieved a solid growth thanks to new projects and additional