One group, but two separate listed companies, each with its own financial structure, strategy, dedicated management team and an independent Board of Directors.
This is the new strategic plan envisaged by the management of Atos to turn around the group, which has been in difficulty for two years.
Rodolphe Bellmer, the managing director, presented it on Tuesday morning ahead of an investor day.
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On the one hand, SpinCo (Evidian) will combine its digital transformation, big data and cybersecurity activities.
generating strong growth and high margins, with a €0.4 billion plan to accelerate profitable growth.
On the other hand, TFCo (which will keep the Atos name) will concentrate its historical outsourcing, digital workspace and professional services activities.
It will have a plan of 1.1 billion euros to carry out a complete turnaround by 2026, financed by part of the capital of the new company Evidiant.
The contemplated project involves a prior reorganization that would be completed in the second half of 2023, prior to the listing and distribution of SpinCo shares by the end of the year.