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Atos Origin's first-half results in line with expectations
 
 Atos Origin reported
revenues of €2.89bn in
the first half of 2007,
up 7.2% compared to the
same period in 2006, and
in line with
expectations.
   Consulting saw a
decrease in revenues of
6.5%, mainly coming from
the down-sizing of the
operations engaged in Q4
2006 in the UK. However
the utilisation rate
grew by 4 points between
the second half of 2006
and the first half of
2007 in the UK.
   While revenues in The
Netherlands were stable,
Iberia and Belgium		 
  
   
 
 
 
 
 
 
 Mediterranean countries
and Asia Pacific above
20%, while revenues were
stable in France.
Revenue decreased in the
United Kingdom and Italy
as the result of
restructuring initiated
in 2006.
   Managed operations
achieved organic growth
of 3.1%, with all the
large territories
progressing except the
UK which was affected
for the last time by the
Metropolitan Police
contract. Atos Origin
said this will be
compensated as of H2
2007 by the new large		 
 contracts which were
ramping up in H1 2007.
   The company said it
has signed new contracts
worth nearly £290m in
the UK in the first half
of the year in both the
public and private
sectors. These new
contract wins have been
signed with both new and
existing clients, who
include
Inter-Continental,
Premier Inn,
Electrocomponents,
Connecting-for-health
and NHS Blood and
Transplant.
   Atos Origin confirmed
its forecast of top line		 
 growth at 8.5%. It also
noted that it will
achieve its objectives
for 2007 despite the
announcement on 25 July
2007 by the British
Department of Health
that the diagnostics
services contract with
Atos Origin had been
terminated.
   The company
reiterated its goal to
double the operating
margin in absolute value
in 2009 compared to
2006.
  
   		 
 continued to develop,
both achieving strong
organic growth. France
remained affected by
volume capacity and a
new CEO was hired and
took over the consulting
division last May.
   Revenues in systems
integration saw organic
growth of 3.9% driven by
The Netherlands, Germany
and Belgium with 6%,
Spain at 11%, Americas,		 
 
Fujitsu wins $1bn outsourcing contract from Reuters
 
 Fujitsu Services has
been awarded a global
contract for the
internal IT
infrastructure of
Reuters, the world's
largest news and
information provider.
   Fujitsu has signed a
10-year contract with
Reuters to provide IT
services for Reuters’
17,500 employees based
in more than 100
countries around the
world, from Dubai, to
China, to Brazil. 		 
    The contract is
valued at £500m ($991m),
and will see 300 Reuters
internal IT staff plus a
further 200 contractors
transfer to Fujitsu,
according to media
reports.
   As a result of the
contract, Reuters' IT
team will be reduced to
just 25 people, and the
company expects to shave
between 20% to 30% off
its annual costs.
   Fujitsu will host
Reuters' new IT		 
 infrastructure and
transform it so that
users can gain seamless
secure access to IT
services wherever they
are in the world. The
solution will be
supported by Fujitsu
multi-lingual service
desks in Lisbon and
Kuala Lumpur. Data
centre services will be
provided from Fujitsu
facilities around the
world.
   In March 2005,
Reuters entered into a		 
 $3bn global network
management contract with
BT Group and it sources
much of its legacy
systems maintenance and
support from suppliers
in India. Reuters also
has other services deals
with Accenture, IBM and
Savvis.
   The Reuters contract
is Fujitsu Services'
second major outsourcing
win this year after
securing a €400m
($537m), five-year deal
with German insurance		 
 group Allianz in May.
   Earlier this summer
Fujitsu Services' $570m
takeover of French
vendor GFI Informatique
failed.
   At constant scope and
exchange rates, organic
growth on revenues was
2.7%.
  
   		 
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