Report
Nicolas David

Sopra Steria Group : 2022 outlook could prompt consensus upgrade and share price re-rating

>Final FY 2021 results confirmed the high quality pre-announcement - Yesterday morning Sopra Steria reported definitive FY 2021 results after having preannounced key indicators (organic growth, operating margin, and FCF) on 12 January. Yesterday’s publication harboured few surprises. We would highlight the following:- SBS’s operating margin improved to 4% (vs 2.5% in 2020) despite flat growth, thanks to initial positive impacts from the savings program for R...
Underlying
Sopra Steria Group SA

Sopra Steria Group is a global player in IT services, with operations in consulting, software development, and integration. In addition to France, Co. operates in the United Kingdom, Spain, Italy, Switzerland, Germany, and Belgium, assisting its clients in managing the transformation of their businesses and information systems. Co. divides its operation into three categories: Consulting, Systems and Solutions Integration, and Software Development; which it spreads among eight major verticals: Financial Services, Insurance and Social Welfare, Public Sector, Telecom Operators, Aerospace and Defense, Energy, Transport and Courier Services, and Retail.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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