(Finance) – Athosa French IT services company in financial difficulty, has ended 2024 with a liquidity position “well above the level established in the plan company presented as part of its Accelerated Safeguard Plan”.
As of 31 December 2024, Atos’ liquidity is estimated at 2,191 million euros, over a billion euros more compared to the expected cash position of €1,152 million presented in the Accelerated Safeguard Plan, and includes: estimated €319 million of payments received from customers, mainly public sector customers paying ahead of their invoice payment deadlines; €240 million in net proceeds from the sale of the Worldgrid business unit, which closed in December 2024; 440 million euros of unused Revolving Credit Facility (RCF).
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