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February 16, 2010

Atos Origin FY 09 revenue down 3.7% to €5.13bn

UK revenue up 7.4% on year ago

By CBR Staff Writer

French IT services company Atos Origin has reported revenue of €5.13bn in 2009, down 3.7% compared to €5.33m in 2008 at constant scope and exchange rates

The company’s operating margin reached €290m, representing more than 5.7% of the revenue and up more than 80 basis points compared to 2008. At same scope and exchange rates, operating margin increased by 13%.

The net income group share was €32m compared to €23m in 2008. The adjusted net income group share amounted to €196m compared to €181m in 2008, representing an adjusted earning per share of €2.85.

The Managed Services segment revenue reached €1.95bn representing 38% of the group, an increase of 4.4% compared to 2008. The Systems Integration revenue declined by 11.2% to €1.89bn, the High Tech Transactional Services (HTTS) revenue increased by 3.5% to €879m, while the consulting revenue and medical BPO revenue reached €248m and €153m, respectively.

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Geographically, revenues from the UK region grew by 7.4% to €902m, while the revenues from France, Benelux, Germany Central €ope / EM dropped by 3%, 13.6 % and 6.7%, respectively.

Thierry Breton, chairman and CEO of Atos Origin, said: “We have developed distinctive offerings and launched many new projects with the support of our Scientific Committee, and we have set up an organisation to address the technological challenges in the IT sector. The implementation of High Tech Transactional Services as a new global service line to roll out the offerings of Atos Worldline into our major geographies is well underway and is one of our major achievements in 2009.”

Looking ahead, the company aims to increase its operating margin by +50 to +100 basis points in 2010. The group expects revenue to decrease by a slight margin in 2010, due to Arcandor bankruptcy.

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