Rightmove soars, Atos dips (Il Sole 24 Ore Radiocor) - Milan, 02 Sep - In European stock market dealings most sectors were lower, with miners among the biggest decliners after Friday's gains.

Shares in Rightmove soared 21.35% in London after the Australian real estate group REA said that it is considering a cash and share offer for its UK peer.

Shares in Atos slid 3.29% after the French information technology cut its guidance for the 2024-2027 period. For 2024, the group now expects revenue of 9.7 billion euros, compared with 9.8 billion previously, down an organic 4.0% compared with 2023. The operating margin is now forecast at 0.2 billion euros, or 2.4% of revenue, compared with 0.3 billion, or 2.9% of revenue, communicated previously. Atos now anticipates revenue of 10.6 billion euros in 2027 compares with 11.0 billion previously, which represents a compound annual growth rate of 1.2% over the 2023-2027 period, compared with circa 2.3% communicated on April 29, 2024.

The operating margin is forecast at 1.0 billion euros, or 9.4% of revenue, compared with 1.1 billion, or 9.9% of revenue, communicated previously.

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(RADIOCOR) 02-09-24 13:41:53 (0293) 5 NNNN