Atos (ATO) AGM 2026 summary

Opening remarks and agenda

• The meeting was opened by the chair, with formalities completed and legal documents made available to shareholders in advance.

• The agenda included financial performance, governance, remuneration, statutory auditor reports, and voting on 24 resolutions.

Financial performance review

• 2025 revenue was €8.1 billion, with an operating margin of €351 million (4.4%), showing strong recovery and exceeding targets.

• Net cash variation improved to -€326 million, better than guidance, with liquidity at €1.7 billion at year-end.

• Major disposals included Bull, Latin America, and Nordics, reducing the stable scope revenue to €7.2 billion.

• Net income group share was -€1.4 billion, impacted by restructuring and transformation costs.

• Q1 2026 revenue was €1.739 billion, with a book-to-bill ratio at a five-year high.

• Guidance for 2026 expects stabilization, with organic growth targeted from Q3 and a 7% operating margin.

Board and executive committee updates

• Board composition remained stable, with 87% independent directors and gender parity.

• Two director terms were renewed, and a new employee director was appointed.

• The board met 17 times in 2025, with over 95% attendance, and committee work was strengthened.