Report
Nicolas David

Sopra Steria Group : Confidence for year-end and good arguments for 2023

>Q3 2022 organic growth ahead of expectations. Driven by services - Sopra Steria Friday morning reported its Q3 2022 sales. We were on a road show with management the same day. Organic growth reached 7.7%, >+2pts above estimates (ODDO BHF: 5.4%; consensus: 5.1%) and broadly in line with the previous quarter (8.1%), despite tougher comps and a negative calendar effect (-1 working day in Q3 i.e. -1% impact on revenue). This performance was driven mainly by robust growt...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch