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4-Traders Homepage  >  Equities  >  Euronext Paris  >  ATOS    ATO   FR0000051732

ATOS (ATO)

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Lombard Risk Management : Partners With Atos For German Market

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12/08/2016 | 10:12am CET

LONDON (Alliance News) - Financial services software provider Lombard Risk Management PLC on Thursday said it has signed a partnership with French IT services group Atos SE to distribute Lombard's COLLINE platform in Germany.

Atos will start distribution of COLLINE, Lombard's collateral management platform, to the German market in early 2017. No financial details on the agreement were disclosed.

"This partnership enables us to harness the reach of Atos' client network and expertise in digital transformation, so we can deliver our industry leading collateral management solution that can be seamlessly integrated, allowing an efficient and cost-effective system upgrade," said Tina Wilkinson, global head of product and marketing at Lombard.

Lombard shares were up 4.3% at 9.12 pence on Thursday.

Copyright 2016 Alliance News Limited. All Rights Reserved., source Alliance News

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Financials (€)
Sales 2016 11 705 M
EBIT 2016 1 026 M
Net income 2016 584 M
Finance 2016 271 M
Yield 2016 1,23%
P/E ratio 2016 17,23
P/E ratio 2017 15,01
EV / Sales 2016 0,85x
EV / Sales 2017 0,79x
Capitalization 10 198 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 99,7 €
Spread / Average Target 2,4%
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Managers
NameTitle
Thierry Breton Chairman & Chief Executive Officer
Charles Dehelly Senior Executive Vice President-Global Operations
Élie Girard Chief Financial Officer
Nicolas Bazire Independent Director
Pasquale Antonio Pistorio Independent Director
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