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October 13, 2010, 2:52 AM EDT
By Matthew Campbell
Oct. 13 (Bloomberg) -- Atos Origin SA, France?s second- biggest provider of computer services, confirmed its full-year outlook after third-quarter sales declined in line with its targets.
Revenue at Paris-based Atos fell 3.5 percent to 1.21 billion euros in the quarter, compared with 1.25 billion euros ($1.8 billion) last year, the company said in a statement. The consulting unit saw the largest decline, with sales sliding 11.2 percent to 48 million euros, while transactional services sales climbed 5.5 percent to 258 million euros.
Information technology companies, which are suffering as austerity measures crimp national budgets, are looking to increase their reliance on the private sector and protect government contracts. Along with Cap Gemini SA and Logica Plc, Atos last month announced it had reached a deal with the U.K. government to protect existing work and cut costs.
Atos forecast a ?slight revenue organic decrease? for 2010 earlier this year. The company supplies IT services to the Olympic Games.
--Editors: Jerrold Colten, Simon Thiel
To contact the reporter on this story: Matthew Campbell in Paris at mcampbell39@bloomberg.net.
To contact the editor responsible for this story: Vidya Root at vroot@bloomberg.net.
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Oct. 13 (Bloomberg) -- Atos Origin SA, France?s second- biggest provider of computer services, confirmed its full-year outlook after third-quarter sales declined in line with its targets.
Revenue at Paris-based Atos fell 3.5 percent to 1.21 billion euros in the quarter, compared with 1.25 billion euros ($1.8 billion) last year, the company said in a statement. The consulting unit saw the largest decline, with sales sliding 11.2 percent to 48 million euros, while transactional services sales climbed 5.5 percent to 258 million euros.
Information technology companies, which are suffering as austerity measures crimp national budgets, are looking to increase their reliance on the private sector and protect government contracts. Along with Cap Gemini SA and Logica Plc, Atos last month announced it had reached a deal with the U.K. government to protect existing work and cut costs.
Atos forecast a ?slight revenue organic decrease? for 2010 earlier this year. The company supplies IT services to the Olympic Games.
--Editors: Jerrold Colten, Simon Thiel
To contact the reporter on this story: Matthew Campbell in Paris at mcampbell39@bloomberg.net.
To contact the editor responsible for this story: Vidya Root at vroot@bloomberg.net.
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