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Sopra Steria: Return to growth, Full-year targets for 2021 revised up


Sopra Steria: Return to growth, Full-year targets for 2021 revised up
Revenue of €2,328.3m in H1 2021, equating to total growth of 7.5% (4.0% at constant scope and exchange rates)
Strong organic growth of 9.0% in Q2 2021, in a buoyant market context focused on the digital transformation of organisations
At constant scope and exchange rates, H1 2021 revenue exceeds revenue for H1 2019
Operating margin on business activity of 7.2%, up 1.1 points from H1 2020 and 0.4 points from H1 2019
Net profit attributable to the Group improves to €85.1m (€43.7m for H1 2020 and €60.9m for H1 2019)
Free cash flow rises to €61.9m (€37.1m at 30 June 2020)
Targets raised for financial year 2021: organic revenue growth of around 6%, operating margin on business activity of between 7.7% and 8.0%, and free cash flow of between €150m and €200m ....

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Sopra Steria: Continued Improvement in Business Activity in Q1 2021


Sopra Steria: Continued Improvement in Business Activity in Q1 2021
1
(-0.5%) with respect to the past three quarters
Buoyant market conditions confirming the outlook of a return to organic revenue growth starting in Q2 2021
Regulatory News:
Sopra Steria (Paris:SOP) generated revenue of €1,165.2 million in the first quarter of 2021, representing growth of 2.2%.
Changes in scope had a positive impact of €32.9 million. The impact of currency fluctuations was virtually neutral (-€1.4 million). At constant scope and exchange rates, revenue contracted slightly (0.5%).
Sopra Steria: Consolidated revenue Q1 2021
€m % ....

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