Atos Origin makes more money from fewer sales

Atos Origin has reported a 40% increase in profits in 2009 despite a 3.7% fall in revenues after its cost-cutting strategies paid off.

The French IT...

Atos Origin has reported a 40% increase in profits in 2009 despite a 3.7% fall in revenues after its cost-cutting strategies paid off.

The French IT service provider made €32m last year compared to €23m last year. During the same period revenues fell from €5.324bn to €5.127bn.

The company's Total Operational Performance (TOP) Programme attempts to reduce costs through strategies such as standardisation across the company.

The company, which is supplying IT to the 2012 Olympic Games in London, said its in-depth reorganisation and the TOP programme will help it increase profitability this year.

Atos Origin this week signed a 10-year contract worth more than £50m with catering industry supplier Brakes Group.

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