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Atos — Atos Origin — Conference Cheuvreux 2007
18 slides from Atos's conference presentation, Sep 28, 2007
Slide 1: Conference Cheuvreux
Conference Cheuvreux Paris, 28 September 2007 Atos, Atos and fish symbol, Atos Origin and fish symbol, Atos Consulting, and the fish symbol itself are registered trademarks of Atos Origin SA. September 07 © 2006 Atos Origin. Private for the client. This report or any part of it, may not be copied, c
Slide 2: Disclaimers
Disclaimers » This presentation contains further forward-looking statements that involve risks and uncertainties concerning the Group’s expected growth and profitability for 2007. Actual events or results may differ from those described in this presentation due to a number of risks and uncertainties
Slide 3: Atos Origin strategy (1/2)
Atos Origin strategy (1/2) AAFOCUS FOCUSON ONCORE COREIT IT SERVICES SERVICES » Complementary & complete Consulting, Systems Integration & Managed Services capabilities portfolio » Industrial approach and operational efficiency on our core business processes » Specialized end to end services : - Pay
Slide 4: Atos Origin strategy (2/2)
Atos Origin strategy (2/2) » The foundation of Atos Origin strength is its globalization effort and drive towards operational excellence, driven under the umbrella of 3o3 plan ¾ Systems Integration Industrialization ¾ Global delivery of Managed Operations through MO Global Factory, leading to increa
Slide 5: Financial highlights of H1 2007
Financial highlights of H1 2007 » Revenue in line with our expectations at EUR 2 890 M with top line growth at +7.2% and organic growth at +2.7%. » Excluding purchase for reselling, organic growth at +6.0% for IT services » Operating margin at EUR 118 M at 4.1% margin rate (3.5% margin in Q1 07 and
Slide 6: Business highlights in H1 2007
Business highlights in H1 2007 » Group’s Transformation Plan well on track with good progress and clear vision on the next major milestones » Order entry at EUR 2.5 billion with a book to bill ratio at 88%. On a 12 months period (July 06 to June 07), the book to bill ratio is 114% with an order entr
Slide 7: 2007 Outlook
2007 OUTLOOK » Generate +8.5% of top line growth ; +4.0% organic growth » Improvement of operating margin in the UK and in Italy » Improvement of operating margin rate before Transformation costs, and slight improvement in absolute value after Transformation costs Focus on core activities and Transf
Slide 8: New Management as of October 1st, 2007
New Management as of October 1st, 2007 CEO 3O3 Plan, Risk Management Philippe Germond Eric Wilbert Guilhou Kieboom Global Functions Operations Finance, HR, Processes & IT, All country operations, Internal Audit, Purchasing, Legal Service lines (C, SI, MS), Sales, Offshore EXECUTIVE COMMITTEE Main co
Slide 9: Key Challenges for the Group
Key Challenges for the Group Service Lines and Specialised activities CONSULTING » Consistent approach in Europe ATOS WORLDLINE » SEPA consolidation » Leverage Consulting activity with » International development other service lines » France and UK SYSTEMS » Industrialisation and offshoring ATOS EUR
Slide 10: The Transformation Plan is mandatory
The Transformation Plan is mandatory ¾ To improve competitiveness and efficiency ¾ To come back to 8% of Operating Margin in 2009 ¾ To generate strong recurring free cash flow Operational Porfolio Human Growth Performance Management resources ¾ A measurable operational change with strong commitments
Slide 11: The 3o3 Plan changes the way we operate our company
The 303 Plan changes the way we operate our company 3 objectives over 3 years Accelerate organic growth capabilities Improve operational efficiency Operate as a Global Company • 7 Major Initiatives • More than 70 projects • All countries are involved • EUR 45 M net cost for 2007 • Restructuring and
Slide 12: First achievements of the 3o3 Plan in H1 2007
First achievements of the 303 Plan in H1 2007 1. Opening of the Atos University Sales & Markets with the objective to train the whole sales force each year 2. Choice of common Industrialization tools, processes and organization for all countries 3. Implementation of a new governance model in India w
Slide 13: Targets in Offshore / Nearshore
Targets in Offshore / Nearshore Total Group Staff 2006 June 2007 2009 Total offshore 1 487 2 015 6 500 5 600 in India Total nearshore 98 273 1 500 Total offshore / nearshore 1 585 2 288 8 000 Of which » 6 100 in Systems Integration » 1 900 in Managed Operations 12
Slide 14: 2009 Objectives
2009 Objectives Double Double our our operating operating margin margin inin absolute absolute Generate Generate corresponding corresponding value value from from 2006 2006 to to free free cash cash flow flow in in 2009 2009 2009 2009 To increase shareholder value 13
Slide 15: Operating Margin improvement from 2006 to 2009
Operating Margin improvement from 2006 to 2009 » Recovery in the UK and in Italy » Effect from Transformation Plan » Banksys’ contribution » Operating margin from organic growth Objective Objective :: doubling doubling Operating Operating Margin Margin from from 2006 2006 to to 2009 2009 :: from fro
Slide 16: Financing
Financing » Net debt end of 2006 EUR 360 M » Net debt end of 2007 Stable vs end of 2006 » Credit lines available EUR 1.2 Bn » Covenants in line » Strong recurring free cash flow as of 2009 REAL CAPABILITY TO INVEST Acquisition targeted: » Payments » Small and medium sized offshore » Targeted small a
Slide 17: Questions
Questions Paris, 28 September 2007 Atos, Atos and fish symbol, Atos Origin and fish symbol, Atos Consulting, and the fish symbol itself are registered trademarks of Atos Origin SA. September 07 © 2006 Atos Origin. Private for the client. This report or any part of it, may not be copied, circulated,
Slide 18: Conference Cheuvreux
Conference Cheuvreux Paris, 28 September 2007 Atos, Atos and fish symbol, Atos Origin and fish symbol, Atos Consulting, and the fish symbol itself are registered trademarks of Atos Origin SA. September 07 © 2006 Atos Origin. Private for the client. This report or any part of it, may not be copied, c