Below is the ATOS Live Discussion, edited into smaller videos for your convenience - for speed listening, go to the settings wheel on the bottom right of the video and choose playback speed - After a few seconds, the video quality improves.

An Equity Story - 27 Aug 25
Presentation

Cash Restructuring-27 Aug 25

Operating Margins - 27 Aug 25

DCF - 27 Aug 25

Model, Yield Calc - 27 Aug 25

Recovery - 27 Aug 25

Investment Discussion - 27 August 25
Atos released very weak revenue figures. However, as the Company does not disclose EBITDA figures, we are unable to verify
As per popular demand, we’ve made the Client Call presentations available as part of our new Client Call layout.
Atos is blowing its own trumpet this morning, having secured a contract with the European Commission’s CLOUD II Dynamic Purchasing
Atos appointed four senior executives to assist in its operational turnaround, which is required to right-size the business. The four appointments, in various
Please find our updated analysis on Atos here.
We have remained sceptical of the Atos turnaround story, but many of you have asked us to look at the name again. We have started our analysis from scratch, focusing on the
We have remained sceptical of the Atos turnaround story, but many of you have asked us to look at the name again. We have started our analysis from
Despite the restructuring process of prior years, Atos's results are difficult to comprehend, given that the Company embarks on a further
Atos released its H1 liquidity position as required by various credit agreements. Cash and liquidity have deteriorated by €374 million but
In November 2024, the French state made a non-binding offer for the Advanced Computing Activities of Atos for an EV of €500m and up to
Atos is holding its Capital Markets Day in Paris today, unveiling a new four-year strategic plan following the completion of its financial restructuring in
With a new CEO, Atos’s 6th in the last 2 years, the Company were unwilling to offer any guidance, instead reminding that the Company are going to hold a Capital Markets Day on
The company’s initially resounding rebuttal this morning narrows significantly in the admission that there was a security breach of “data mentioning the
The French state, determined to buy the Advanced Computing segment from Atos, has resubmitted a non-binding offer of €500m with exclusivity
Our main concern with the restructuring proposal which Atos is progressing through the courts is the business remains over-leveraged. We keep an eye on
The option held by the French state to acquire the Advanced Computing, Mission-Critical Systems and Cybersecurity Products businesses of
Atos have updated the market, stating they have obtained the additional two-month extension to the accelerated