LONDON (ShareCast) - French IT services firm Atos Origin expects the current year to be "solid" after net income rose 56% in 2011 to €182m.

Organic revenues grew by 0.3% to €6.81bn, while its operating margin jumped to 6.2%, from the prior 4.3%, and ahead of initial guidance of 6%.

Chief Executive Officer and Chairman Thierry Breton said that “we believe 2012 will be a solid year.”

"2011 marked a turning point in our history, when, following the acquisition of Siemens IT Solutions and Services, Atos became a European IT champion. We are now even better positioned to reach our 2013 targets thanks to the ramp up of our transformation program, TOP², and our new eXpand project for business growth," he said.

The company forecasts slight organic revenue growth this year while operating margin is expected to hit 6.5%.

Shares were down 0.51% at €42.90 in afternoon trade in Paris.

JM

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