Atos appoints a new CFO – 20.06.2022 at 11:27

(AOF) – Atos has announced that Stefan Lhopito will leave the band in the second half of 2022 and be replaced by Natalie Senesho as CFO of Atos. The planned division of Atos into two separate listed companies, announced during the Capital Markets Day on June 14, should lead to a complete reorganization of the Atos Group, and in this case, its financial management.

Thus, for each of the two companies that will be formed from Atos, two CFOs have already been announced: Anila Agravala for Evidian (BDS + Digital) and Darren Pilcher for New Atos (Tech Foundations).

In this context, Stefan Lhopito will leave the Atos Group in the second half of 2022, when the separation project will begin and is nearing completion.

Natalie Senesho is a recognized professional in the field of finance, where she has developed for more than twenty years. She began her career as a lawyer in large international firms before joining Alstom, where she held various key management positions in the tax and finance departments. She joined Atos almost seven years ago. She has recently held the position of Deputy Chief Financial Officer of the Group.

AOF – LEARN MORE

Key points

– International leader in digital transformation, established in 1997, European leader in the field of clouds, cybersecurity and supercomputers;

– Activities of 10.8 billion euros, divided into 3 sections – infrastructure and data management for 54% of sales, business solutions and platform solutions for 34% and big data and cybersecurity for 10%;

– Geographical income balance: 23% of sales in North America, 25% in Northern Europe, 23% in Central Europe and 22% in Southern Europe;

– business model of sustainable digital transformation;

– Open Capital (9.96% for Siemens Pension Fund and 2.2% for employees), Bertrand Meunier heads the 13-member board of directors, Rodolphe Belmer is the managing director;

– A solid balance sheet with a debt / equity ratio of 28% and leverage of 1.9, so management excludes any increase in capital.

Problems

– New strategy: reorientation to digital technologies, decarbonisation, security and cloud, which should contribute 65% of revenues in the medium term / recovery plan in Germany / to the sale of internal infrastructure and traditional activities of data centers, ie 1/5 of revenues;

– Innovation strategy developed in 18 research centers with a portfolio of 3,000 patents: open innovation through partnerships with university centers (quantum computing, scale computers, artificial intelligence, HPC, multicultural leadership, etc.), with alliances with other players (AWS, Dell, Google, Huma, Microsoft, OVHCloud, Sparkle, etc.) and with customers / 2 scientific communities of expert staff of the group / Scaler Cooperation Program with 50 startups;

– Environmental strategy supported by the Digital Transformation Factory, hybrid cloud, Business Accelerators, Connected Intelligence and Digital Workplace solutions and aims to address 3 key issues: carbon neutrality from 2028 and halving emissions by 2025 against 2021 / sales of decarbonisation solutions, enhanced by the acquisition of EcoAct / investments in hydrogen supercomputers and quantum technologies / launch of the 1st “green” loan;

– Strengthening security with the acquisition of the British company Cloudreach and the opening of a sovereign security center in Bulgaria;

– Visibility of activities with a book of orders equal to 2.1 years of turnover.

Problems

– Slow down the acceptance of orders and reduce the duration of new contracts;

– Russian-Ukrainian war: low impact in terms of income (0.4%), but high in terms of labor, services previously provided from Russia were transferred to India and Turkey;

– A speedy recovery is expected after the losses recorded in 2021, amid rumors of the takeover of Airbus, Orange, etc. and the BDA IPO and security activities;

– After the beginning of the year marked by falling sales, the target for 2022 was confirmed in terms of revenue from +0.5 to + 1.5%, operating margin from 3 to 5% and free cash flow from +150 million euros to 200 million euros

The war on talent has been further intensified by the announcement of Facebook, which intends to accept 10,000 employees for five years in Europe. The lack of human resources is not limited to France or Europe: it is global. Thus, in 2026, 1.2 million computer engineers are expected to disappear in the United States. In France, according to Numeum, the federation of the digital sector, there is a shortage of about 10,000 computer engineers out of 600,000 people working for software publishers and digital service companies (SSII). If the phenomenon is not new, it intensifies. This is exacerbated by the hiring of certain companies looking for developers to internalize their major digital projects, as well as the strong ambitions of certain startups.

.