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Atos hits yearly revenue target after restructuring slashed 19% of workforce

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By Reuters | Updated: March 06, 2026

March 6 (Reuters) – French IT services company Atos (ATOS.PA) reported full-year revenue slightly above 8 billion euros ($9.3 billion) on Friday, ​meeting its target and reflecting progress in ‌its turnaround following significant financial restructuring.

The company slashed its headcount by 19% to 63,193 employees as part of its “Genesis” restructuring ​programme aimed at restoring profitability after years of ​turmoil.

  • Revenue in the core Atos business unit ⁠declined 16.2% organically to 6.96 billion euros despite winning ​a notable cybersecurity contract with the European Commission during ​the year.
  • Sales in the Eviden division grew 6.7% to 1.04 billion euros, driven by the delivery of the Jupiter supercomputer ​in Germany.
  • Atos had a backlog of 10.7 billion ​euros at the end of December, representing 1.3 years of revenue, ‌signalling ⁠a solid pipeline of contracted work that underpins its confidence in the recovery path.
  • Atos expects 2026 to be a “year of stabilization” with a target of positive ​organic revenue growth, ​and potential ⁠downside limited to a 5% decline in a challenging market.
  • It expects to accelerate ​growth in 2027-2028, aiming for 5-7% annual ​revenue ⁠growth and a 10% operating margin by 2028.
  • Atos also aims to reduce its leverage ratio to net debt ⁠less ​than 1.5 times its operating ​income by 2028, as it pursues an investment-grade credit rating.

($1 = 0.8610 euros)

Reporting ​by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak

© Thomson Reuters 2026