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infotechlead

IT consulting company Atos issues a new profit warning

Technology consulting company Atos has issued a profit warning, its second in seven months and coming just several days after its new CEO Rodolphe Belmer, appointed in October, officially took over the reins.
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Atos sees 2021 sales falling 2.4 percent to 10.8 billion euros. Atos is expecting operating margin of 4 percent, below earlier 6 percent target. Atos is also expecting negative free cash flow. Atos CEO is likely  to announce new strategy plan in Q2.

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