August 21, 2019 / 7:22 AM / a month ago

French tech group Atos' shares rise after winning $198 million U.S. contract

PARIS (Reuters) - Atos (ATOS.PA) shares rose on Wednesday after the French technology group won a contract worth $198 million with California to work on the state’s 911 emergency phone service.

Atos shares were up 1.2% in early trading, outperforming a 0.6% gain in France's benchmark CAC-40 index .FCHI.

“The contract could represent 1.5% sales growth for the group in the United States,” Invest Securities said in a note.

Reporting by Sudip Kar-Gupta; editing by David Evans

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