| | Atos Origin has set out
its strategy for what
investment analysts have
called 'a make or break
year' for the company,
after full-year revenue
dipped slightly as
business declined in the
UK.
Sales in the year to
31 December fell to
€5.4bn ($7bn) from
€5.5bn, the company said
in its customary revenue
and margin statement for
its full financial year
2006, ahead of complete
results to be released
later in the month.
Revenue from UK-based
operations fell 13% and
around 2% from Italian
operations, as expected. | |
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| | operating margin in the
UK and Italy.
Atos Origin announced
its goal of doubling its
operating margin by 2009
under a three-year
transformation plan that
will cost €270m, of
which €160m will be
spent this year.
The transformation
programme has been
launched with three
objectives over three
years, hence the 3O3
Plan name, to
accelerate organic
growth, improve
efficiency and enable
Atos to operate as a
global company.
Furthermore, Atos
said, its management | |
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| | board has been
strengthened by the
arrival of Philippe
Germond. A new executive
committee has been
created as the main
operating body of Atos
Origin to manage
operations, service
lines and functions.
This will bring together
the CEOs of the large
countries, Atos
Worldline, the heads of
group sales, global
service lines and key
functions.
New managers have
been appointed in the
UK, Netherlands, Italy,
Belgium, France, group
sales and finance.
Bernard Bourigeaud, | |
|
| | CEO of Atos Origin,
declared: “2007 is going
to be an exciting year.
Our objectives are
clear, to strengthen the
management team, restore
profitability in the UK,
Italy and other low
performing countries,
implement the new
organisation and ensure
that the transformation
plan is effective. Our
ambition is that by 2009
we are able to double
our operating margin,
assuming cautious
topline growth. The
whole of Atos Origin is
focused on achieving
this plan.”
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