Atos Origin triples profits in first half of 2010


Atos Origin triples profits in first half of 2010

Jenny Williams

IT service provider Atos Origin has more than tripled profits despite a dip in sales in the first half of 2010.

The company reports a profit of €60m, compared to €18m for the first half of 2009. Sales dropped 4.6 per cent, mainly because of the bankruptcy of one of its clients, German retailer, Arcandor.

Atos introduced a three-year plan called the TOP Program in December 2008. This focused on cutting costs, which contributed to the increased profits.

Thierry Breton, CEO of Atos Origin, said: "In addition to the roll-out of the TOP Program, in the first half of 2010 we focused our efforts on preparing the Group - and particularly the sales force - for a better economic environment."

As reported earlier this month, Atos Origin is launching its first business-to-consumer service. Website is a service direct to consumers offering train tickets and a travel loyalty scheme. It aims to cut costs for rail companies by offering a pay-as-you-use model.

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