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By | Joe Fay 15th November 2007 12:14

Atos Origin reports mellow and fruitful Q3

UK not singled out this time

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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