In the midst of a financial crisis, Atos pushes back the deadline to May – L’Express

a net loss of 34 billion euros in 2023 –

The French IT group Atos, in the midst of a financial crisis, has pushed back to May 3 the deadline set for its creditors to make refinancing proposals, it announced in a press release published Thursday.

The extension of this deadline, which was initially due to end on Friday, is the consequence of a need for the company to readjust its business plan for the period 2024-2027, which could lead to an increased need for liquidity and a debt reduction greater than envisaged. At the origin of this readjustment, Atos cited the decline in its activity, with an 11% drop in sales in the first quarter, and the “current market conditions”.

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