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Atos profits grow 2% in first half of 2012 to €102m

Olympics partner Atos saw profits grow 2% in the first half of 2012 to €102m (£80m) compared to the first half of 2011

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Olympics partner Atos’ saw profits grow 2% in the first half of 2012 to €102m (£80m) compared to the first half of 2011.

Sales rose 1.4% compared to the same period in 2011 at €4.37m. UK sales grew 6.7% to €812m.

Thierry Breton, CEO at Atos, said: “The first half confirmed what we expect to be a solid year in 2012. We continue to closely monitor the global economic environment, while remaining focused on building a profitable and sustainable growth model.

Breton said recent initiatives in cloud with EMC and VMware would be key contributors to future growth, along with social networks through the acquisition of blueKiwi and mobile payment.

Managed services sales in the UK grew marginally, while the company said it saw strong growth in system integration contracts at 5.3%.

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