Atos Expands Partnership with CNA in a Deal Worth Approximately $500 Million
Atos has announced the extension and expansion of its strategic partnership with CNA, one of the largest U.S. property and casualty insurers. This multi-year agreement focuses on the provision of infrastructure and cybersecurity services.
The new agreement covers the provision of infrastructure management and cybersecurity services to CNA. Atos will continue to provide critical infrastructure services, including mainframe services, network and middleware operations, digital workplace environment, user support, identity and access management, major incident management, and cybersecurity. This agreement follows nearly a decade of collaboration between the two organizations.
Duration and Value of the Agreement
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The total expected value of the contract is approximately $500 million over the term of the main agreement, including possible future extensions and additional services. The contract stipulates an initial base term of 67 months, with options for extension and scope expansion.
Prospects for Collaboration
Both organizations are considering further discussions on accelerating innovation in services through artificial intelligence and on modernizing infrastructures, in order to enhance operational efficiency, resilience, and commercial value.
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 3 410 millions d'euros
Quarterly revenue: 3 410 millions d'euros
Revenue growth: -15,2 %
EBITDA: 15 millions d'euros
EBITDA margin: 8,6 %
Net income: -503 millions d'euros
Free cash flow: -120 millions d'euros
1 193 millions d'euros
Guidance from the release
Croissance organique du chiffre d'affaires d'environ -5% ; marge opérationnelle d'environ 7 % du chiffre d'affaires
Outlook / guidance
Management commentary: une croissance organique annuelle moyenne du chiffre d'affaires de 5 à 7 % entre 2026 et 2028 ; Une marge opérationnelle d'environ 10 % en 2028
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
