French tech company Atos reports €1.7B H1 2024 operating loss due to impairment charge, lower sales, and higher marketing costs, with net debt rising to €4.22B and €1.

French tech company Atos reported an operating loss of €1.7B for H1 2024, up from €434M in 2023, due to impairment charge, lower sales, and higher marketing costs for sport events. The company's net debt rose to €4.22B from €2.23B, and secured €1.67B in funding for financial restructuring. Despite market softness, CEO Jean Pierre Mustier remains confident in the future, citing ample liquidity and a strong foundation for growth.

August 01, 2024
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