French technology company Atos announced Tuesday it has adjusted its annual revenue projections after experiencing a significant decline in first-quarter performance, with organic revenue dropping 11% amid challenging market conditions.
The IT services provider, which handles technology operations for Britain’s National Health Service and Olympic events, has revised its 2026 outlook to anticipate organic revenue will decline between 1% and 5%. This marks a shift from the company’s earlier projection of positive organic growth, though it had previously outlined a worst-case scenario involving a 5% decrease.
During the first quarter, the company reported revenue of 1.64 billion euros ($1.93 billion), a figure that excludes the projected effects of recent asset sales.
Company officials described a “softer-than-expected” revenue recovery in North America in their earnings report, noting that several clients have adopted a cautious stance while navigating current market uncertainties.
