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Fitch Changes Atos Outlook to Positive on Improving Credit Metrics, Affirms Rating

MT Newswires·12/17/2025 07:31:03
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07:31 AM EST, 12/17/2025 (MT Newswires) -- Fitch Ratings on Wednesday revised the outlook on Atos' (ATO.PA) B- long-term issuer default rating to positive from stable. The outlook change mirrors the rating agency's expectation that the French digital transformation company's credit metrics would align with a B rating by 2027, and highlights expectations of a sequential improvement in its EBITDA margin and free cash flow. The rating action, meanwhile, reflects Atos' new plans amid its operational restructuring, cost-saving measures, anticipated gradual EBITDA growth, and commercial momentum, among others.