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Airport operator ADP Q1 revenue boosted by post-pandemic travel boom

French airport group ADP reported on Friday a better-than-expected rise in first-quarter revenue, benefiting from the post-pandemic holiday boom and as travellers splashed more cash on food and drink.

Atos says it will need more cash than expected

Atos says the group will need more cash than expected

Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to an increased need for cash and potentially additional debt reduction, forcing it to.

Atos says it will need more cash than expected

(Reuters) -Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to an increased need for cash and potentially additional debt reduction, forcing it to update in the coming days the parameters of its refinancing plan presented in early April. Atos also said it would extend the deadline for refinancing proposals from existing stakeholders and third-party investors to May 3 from original April 26. The technology company, which manages data and cybersecurity for France's nuclear industry and the upcoming Olympic Games, is in the midst of a refinancing, which includes raising 1.2 billion euros ($1.29 billion) via equity and new loans and will result in significant dilution for existing shareholders.

Atos Says the Group Will Need More Cash Than Expected