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Atos Origin reports mellow and fruitful Q3

UK not singled out this time

By Joe Fay • Get more from this author

Posted in IT Channel, 15th November 2007 12:14 GMT

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Atos Origin confirmed its revenue and operating margin targets for the full year, as it unveiled third quarter revenues today.

In a revenue statement this morning, Atos Origin said third quarter revenues were €1.4bn, up 11.1 per cent on the year. Organic revenues were €1.348bn, up 6.6 per cent.

The strongest growth came in its managed operations line, with revenues of €790m, up 20.2 per cent, or 10.3 per cent organic. Systems integration brought in €549m, up 5 per cent, or 6.1 per cent organic, while consulting pulled in €79m, down 18.5 per cent, or down 16.2 per cent organic.

In its last statement, it fingered the UK as a brake on its numbers. However, the UK escaped humiliation this time, turning in revenues of €261m, up 10.8 per cent, or 10.7 per cent organically.

The figures were strong enough for the company to reiterate its target of 4 per cent organic growth for the full year, and operating margin slightly above 2006.®

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