Report
Nicolas David

Sopra Steria Group : Operating performances and strategic decisions to drive continued re-rating

>Reasonable confidence on 2024, growth and margins - The main points relating to the FY 2024 guidance from yesterday’s conference call are as follows: i/ The organic growth target for 2024 (2-4%) comprises a broadly stable Q1 2024, due to relatively subdued embedded growth (only 426 net hires in organic terms on the year, or <+1%) and tough comps. Over the year, Sopra Steria then sees growth picking up, thanks to easier comps, and a more favourable working days impact...
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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