Consulting revenue decreased by 20.8% to EUR45m
Atos Origin has reported total revenues of €1.22bn for the first quarter of 2011, a marginal decrease compared to €1.23bn for the same quarter prior year, and a decline of 1.3% at constant exchange rate.
The company’s revenue from managed services, systems integration, and consulting decreased by 1%, 3.2%, and 20.8% to €449m, €438m, and €45m, respectively, compared to the previous year quarter.
Revenues from global business units increased in France, Benelux, Germany/CEMA, Spain and other countries decreased by 2.6%, 5.7%, 2.1%, 6.9%, and 2.4% to €281m, €220m, €121m, €75m and €94m, respectively, for the Q1 2011.
Total order entries for the first quarter of 2011 were €1.3bn, representing a Book to bill ratio of 101%. By Service Line, Book to bill was 153% in Consulting, 98% in Systems Integration, 102% in HTTS and 99% in Managed Services and Medical BPO.
On 31 March 2011, the full backlog was €7.5bn, up 3% compared to 31 March 2010 and representing 1.5 years of revenue.
The company expects operating margin rate to increase +50 basis points for the first half of 2011 compared to 6% in the first half of 2010.