2023-07-28 16:43:45
Posted Jul 28, 2023 at 1:32 p.m.Updated Jul 28, 2023 at 6:43 p.m.
Atos fails to convince the market. The IT group plunged 22.5% on Friday on the Paris Stock Exchange, after the announcement of its results.
The group, in the midst of a crisis, recorded a net loss of 600 million euros in the first half (compared to a loss of 503 million in the same period a year earlier), and announced the sale of 400 million euros of additional assets. The market was probably burned by free cash flow at -969 million (vs. -555 million in the first half of 2022), while the consensus was expecting around -680 million.
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#Atos #plunges #stock #market #results
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