Atos completes the sale of Worldgrid to ALTEN for an enterprise value of €270 million
02 Décembre 2024 - 7:30AM
UK Regulatory
Atos completes the sale of Worldgrid to ALTEN for an enterprise
value of €270 million
Paris, France – December 2, 2024
- Atos, a global leader in digital transformation,
high-performance computing and information technology
infrastructure, today announces that it has completed the sale of
its Worldgrid business unit to ALTEN SA (“ALTEN”)
for an enterprise value of €270 million. The Group previously
announced that it had signed a binding agreement on November 5,
2024, after entering into exclusive negotiations on June 11,
2024.
Worldgrid provides consulting and engineering
services to energy and utility companies. The business currently
employs close to 1,100 employees and, in 2023, it generated revenue
of circa €170 million from a diverse and longstanding client
base.
ALTEN is a well-recognized IT and engineering
player with expertise and product offerings in the energy and
utilities industry. The transaction has been designed to ensure
full continuity of service for Worldgrid’s strategic clients and
employees.
Following the sale of Worldgrid, Atos’s net debt
will be reduced by approximately €0.2 billion and Atos’s 2027E
financial leverage1 is expected to be circa 1.7x.
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About
Atos
Atos is a global
leader in digital transformation with circa 82,000 employees and
annual revenue of circa €10 billion. European number one in
cybersecurity, cloud and high-performance computing, the Group
provides tailored end-to-end solutions for all industries in 69
countries. A pioneer in decarbonization services and products, Atos
is committed to a secure and decarbonized digital for its clients.
Atos is a SE (Societas Europaea) and listed on Euronext
Paris.
The purpose of
Atos is to help design the future of the information space.
Its expertise and services support the development of knowledge,
education and research in a multicultural approach and contribute
to the development of scientific and technological excellence.
Across the world, the Group enables its customers and employees,
and members of societies at large to live, work and develop
sustainably, in a safe and secure information space.
Contacts
Investor
relations:
David Pierre-Kahn | investors@atos.net | +33 6 28 51 45 96
Sofiane El Amri | investors@atos.net | +33 6 29 34 85 67
Individual
shareholders: 0805 65 00 75
Press contact: globalprteam@atos.net
1 Ratio net debt pre-IFRS16 over EBITDA pre-IFR16; EBITDA
computed as OMDA pre-IFRS16 minus anticipated RRI (restructuring,
rationalization, integration) costs and Other changes
- PR - Closing of the Worldgrid Disposal - 2 December 2024
Atos (EU:ATO)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Atos (EU:ATO)
Graphique Historique de l'Action
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