Finance
Atos hits yearly revenue target after restructuring slashed 19% of workforce
Published by Global Banking & Finance Review®
Posted on March 6, 2026
2 min readLast updated: March 6, 2026
Quick Summary
Atos achieved just over €8 billion in 2025 revenue following its “Genesis” restructuring, with a 19 % workforce reduction. Strong backlog and Eviden’s Jupiter supercomputer delivery helped offset a decline in core business revenue, setting the stage for stabilization in 2026.
Atos Achieves €8bn Revenue Post-Restructuring, Eyes Growth After Workforce Cut
Atos Reports 2023 Financial Results and Strategic Outlook
March 6 (Reuters) - French IT services company Atos reported full-year revenue slightly above 8 billion euros ($9.3 billion) on Friday, meeting its target and reflecting progress in its turnaround following significant financial restructuring.
The company slashed its headcount by 19% to 63,193 employees as part of its "Genesis" restructuring programme aimed at restoring profitability after years of turmoil.
Business Unit Performance
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Core Atos Business Unit
Revenue in the core Atos business unit declined 16.2% organically to 6.96 billion euros despite winning a notable cybersecurity contract with the European Commission during the year.
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Eviden Division
Sales in the Eviden division grew 6.7% to 1.04 billion euros, driven by the delivery of the Jupiter supercomputer in Germany.
Financial Position and Outlook
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Backlog and Pipeline
Atos had a backlog of 10.7 billion euros at the end of December, representing 1.3 years of revenue, signalling a solid pipeline of contracted work that underpins its confidence in the recovery path.
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Stabilization and Growth Targets
2026 Stabilization
Atos expects 2026 to be a "year of stabilization" with a target of positive organic revenue growth, and potential downside limited to a 5% decline in a challenging market.
2027-2028 Growth Acceleration
It expects to accelerate growth in 2027-2028, aiming for 5-7% annual revenue growth and a 10% operating margin by 2028.
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Leverage and Credit Rating Goals
Atos also aims to reduce its leverage ratio to net debt less than 1.5 times its operating income by 2028, as it pursues an investment-grade credit rating.
Additional Information
Exchange Rate
($1 = 0.8610 euros)
Reporting Credits
(Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)
Key Takeaways
- •Atos hit its €8 billion‑plus annual revenue target in 2025 following major restructuring initiatives, including cutting 19 % of its workforce, under the “Genesis” turnaround plan (uk.advfn.com).
- •The core services segment declined organically by 16 %, while the Eviden division grew, boosted by the Jupiter supercomputer project in Germany, and the backlog stood at around 1.3 years of revenue at ~€10.7 billion (uk.advfn.com).
- •Looking ahead, Atos aims for stabilization in 2026 with positive organic growth, accelerating to 5–7 % annual growth and about 10 % operating margin by 2028, alongside reducing leverage to under 1.5× net debt/OMDAL (atos.net).
References
Frequently Asked Questions about Atos hits yearly revenue target after restructuring slashed 19% of workforce
1How much revenue did Atos generate in 2023?
Atos reported full-year revenue slightly above 8 billion euros ($9.3 billion) for 2023.
2What is the Atos Genesis restructuring programme?
The Genesis restructuring programme aims to restore Atos's profitability, resulting in a 19% reduction of its workforce.
3How did the Eviden division perform last year?
Atos's Eviden division grew sales by 6.7% to 1.04 billion euros in 2023, driven by the delivery of the Jupiter supercomputer in Germany.
4What are Atos's growth targets for the future?
Atos targets positive organic revenue growth by 2026, and aims for 5-7% annual revenue growth and a 10% operating margin by 2028.
5How large is Atos’s workforce after restructuring?
Following restructuring, Atos reduced its headcount by 19% to 63,193 employees.
