Sopra Steria Group : Q1 performance set to drive stock’s outperformance
>Q1 organic growth much better than expected - On Friday morning, Sopra Steria reported Q1 sales of € 1.395bn, 2% better than expected (ODDO BHF: € 1.372bn; cs: € 1.366bn) thanks to much stronger than expected organic growth at 9.8% (ODDO BHF & cs: 5.8%). This was driven by: i/ IT services, notably in consulting (15% organic growth in Q1), with notable performances in the aerospace, defence, security and public sectors. In IT services, the group’s growth was driven pa...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.
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.
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