Report
Nicolas David

Sopra Steria Group : A good level of confidence for 2023. Outlook better than expected

>FY 2022 results beat forecasts on all levels - Yesterday morning, Sopra Steria published FY 2022 results that beat forecasts: i/ organic growth for Q4 of 8.0% (ODDO BHF: 6.4%; consensus: 6.0%). All geographic areas posted robust organic growth, with the UK (+12.1% y-o-y organic vs ODDO BHF: 8.0% organic) driven by all joint ventures and the return to growth in the private sector. By division, Sopra Banking Software reported a small improvement in organic growth ...
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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