Atos seeks to obtain a refinancing plan, annual loss widens – 03/26/2024 at 07:40

Atos said on Tuesday that its net loss had widened in 2023 and that the group was seeking to obtain a refinancing plan by July, amid uncertainty over the future of the struggling group.

“We are also in discussions with our financial creditors in order to obtain a refinancing plan by

July, as part of an amicable conciliation procedure as an extension of the ad hoc mandate initiated in February

last,” said Paul Saleh, CEO of Atos.

The group, which holds assets considered strategic by the French government and which is struggling to turn around its loss-making activities, recorded a net loss of 3.44 billion euros for the financial year ended December 31, after a loss of 1. 01 billion euros in 2022.

(Report Augustin Turpin; French version Dagmarah Mackos)

source site