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E
Financial
E.1
Operational review
Atos
|
Registration Document 2016
129
E
Other Business Units
E.1.4.6
(In € million)
2016
2015*
%organic
Revenue
1,956
1,938
+0.9%
Operating margin
127.3
139.4
Operating margin rate
6.5%
7.2%
At constant scope and exchange rates.
*
Revenue
in “Other Business Units” reached € 1,956 million, up
+0.9% organically.
mitigating a base effect due to equipment deliveries for
South America with a large German industrial company
Slovakian ministries recorded in 2015.
signed with Enel. Financial Services growth was driven by
customers in Italy coupled with the ramp-up of a new contract
Manufacturing, Retail & Transportation projects were delivered in
increased volumes with a large bank in Hong-Kong.
This performance was reached thanks to Infrastructure & Data
Utilities with a project ramp-up with Microsoft in Japan, delivery
Management, up +2.1%, in particular in Telecom, Media &
in India to local companies, and scope extension with existing
Dubai.
activity was stronger in Manufacturing, Retail and Transportation
South America thanks to new projects in pharmaceutical and car
both in Asia Pacific with SAP solutions for new customers and in
Asia Pacific and in Middle East & Africa with a new contract in
industries. Finally, Telco also recorded a growing activity both in
Business & Platform Solutions did not perform new contracts to
well as contracts with Slovakian Ministries and Institutes. The
offset the Ashgabat contracts delivered in 2015 from Turkey, as
delivered new projects in Iberia, Italy and Czech Republic both in
Performance Computers delivered in Africa. The Division also
Big Data and Cybersecurity.
Revenue grew in Big Data & Cybersecurity at a double-digit rate
new contracts in Switzerland (for Police and Defense) in the
organically all along the year. The activity was pushed by two
mission critical systems area and to a lesser extent by High
and new projects and also to optimize the cost base through
during the year and more particularly an overrun recorded on a
industrialization. The Business Unit faced some difficult contracts
project in Dubai.
year in Turkey (Ashgabat) and Slovakia (Public sector) which
impacted by the completion of the large projects delivered last
actions were pursued to tightly monitor the delivery of services
have not been replaced or not yet renewed. In all countries,
Operating margin
was € 127.3 million, representing 6.5% of
of the countries. However Central & Eastern Europe was
revenue. Margin benefitted from revenue improvement in most
Global structures costs
E.1.4.7
and exchange rate excluding € 18 million recorded in 2015 as
Global structures costs remained almost flat at constant scope
continued its program to decrease indirect costs both centrally
part of the optimization of the pension schemes. The Group
centralized. Global structures costs reached € 97.7 million in
and locally, getting as well the support functions more
2016 representing 0.9% of the Group revenue.