ATOS WKN: A411MH ISIN: FR001400X2S4 Forum: Aktien Thema: Hauptdiskussion

Atos is back!

Hat Salle ja schon in der Q3/25 Q&A Session erklärt und vorgerechnet. Sobald die Kostenseite unter Kontrolle ist reicht bereits ein minimaler Wachstum aus... "The guidance -- so 4% plus this year. Next year, there will be a big jump again, I would say we are -- and then, of course, it's more than -- between 4% and 10% you roughly more than -- so it's roughly 7%. We'll see if we go into what kind of guidance we're going to give next year, but there will be a jump for sure in the course of next year because of the results of the Genesis in '25 and then remember after that, that the growth coming on the top line, I will probably try to get, I would say, the cost of flattish plus. So for example, if we go, let's say, by, let's say, 4% in '27, gives probably EUR 300 million plus in terms of sales. At 25% margin, it's roughly EUR 75 million of OM IFRS 9, with roughly, I would say, a marginal increase. And as you can see, EUR 75 million, it's roughly 1 point. So that's why I say it goes very fast, in fact, because we're going to master the cost and make sure, I will say they will be flattish and that's why the marginal growth also will bring, I would say, points in terms of EBIT margin. So the cost of Genesis, the reduction of cost will yield results, of course, in '25, '26 and '27. Most of it will be '27 and '26. There will be still, I would say, some improvements in the course of '27."

Mit einem OM von 7% könnte ich in 2026 ganz gut leben.