Report
Nicolas David

Sopra Steria Group : A reassuring publication for the topline and increased visibility on SBS

>Excellent organic growth in Q4 2018 thanks to IT services - Sopra Steria reported organic growth in Q4 revenues of 5.5%, significantly higher than expected (Oddo BHF: 4.7%; consensus: 4.0% organic), showing an acceleration vs Q3 (+3.7% organic). This excellent performance was mainly driven by IT services. France, Q4 organic growth of +6.5% (vs +4.3% in Q3), despite a demanding base effect. This excellent performance continued to be driven by the acceleration in consu...
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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