Sopra Steria Group : Q2/H1 2023 preview: weathering the slowdown well
>Set for limited slowdown in Q2, excluding calendar effects - Sopra Steria will report its H1 2023 results on July 27 before trading, with a call the same day at 9am. We expect organic growth of 5.6% of sales (Css: +4.9% org.), which reflects a slowdown (vs 9.1% in Q1 2023), mainly relating to: i/ a negative calendar effect, which we estimate at a little less than -2 pt (-2 days in Q2 vs +1 day in Q1); and ii/ a gradual slowdown in demand, which has affected consultin...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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