Atos reported preliminary fiscal 2025 revenue of €8 billion, meeting its target. The French IT group said its net cash outflow was approximately €327 million, better than feared. Full-year operating margin is expected to exceed 4% of revenue, above €340 million.

Fourth-quarter revenue fell 9.3% organically to €2 billion, driven by contract losses and a weak market. Its services unit saw a 9% drop, while the products-focused Eviden unit declined 11.2%. For the full year, services revenue fell 16.2%, but Eviden grew 6.7%.

Order intake surged to €2.44 billion in Q4, yielding a 122% book-to-bill ratio. Eviden’s ratio hit 229%, boosted by the Alice Recoque supercomputer contract. Liquidity stood at €1.71 billion, still above the €650 million minimum required by lenders.