Global IT company moves Russian services to India

French IT consulting group Atos on Wednesday confirmed moving services delivered from Russia to other countries, including India and Turkey.

Atos condemns the war in Ukraine. The company unveiled in its earnings statement for the first quarter ending of 2022.

In its earning release, Atos revealed that on April 5, the group confirmed the managed exit of its Russia-based operations.

Atos delivers critical digital services to some of its global clients out of Russia.

Atos announced its revenue for the first quarter of 2022.

In Q1 2022, Atos' consolidated revenue was € 2,747 million up +2.1% on a reported basis, and down -0.6% at constant currency.

On an organic basis, revenue decreased by -2.4%. Q1 2022 showed a significant sequential improvement compared to Q4 2021, where revenue contracted -5.4% at constant currency and -6.9% organically excluding the impact of the UK BPO contract reassessment.