Debt-strapped French tech giant Atos, a key Olympics partner, on Thursday posted a 1.9-billion-euro ($2.1 billion) loss for the first half of the year due to a depreciation of assets and the end of contracts in the Americas.
Atos, which also runs supercomputers for France's nuclear deterrent and was an IT provider for the Euro 2024 football tournament, has a debt pile of almost five billion euros.
Last week, a commercial court opened a process that is a first step towards the implementation of a financial restructuring plan that includes 1.75 billion euros in new funding and a debt reduction of 3.1 billion euros.
"Atos is saved," said Atos chief executive Jean-Pierre Mustier, who was appointed to the post last week after chairing the company's board since October 2023.
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