Sopra Steria Group : A solid Q2/H1 2021 publication. H2 outlook is very bright
>Solid Q2 organic growth, but not as strong as certain peers - Sopra Steria posted Q2 2021 organic growth yesterday morning of 9.0% (consensus: 8.2%; ODDO BHF: 11.0%). Although it reveals a significant quarter-on-quarter upturn (Q1 2021: - 0.5% y/y organic growth), the underlying momentum (meaning compared to 2019) is not as impressive as that published by certain peers (notably Capgemini and Accenture). In our opinion, the reason can be attributed to the group’s heav...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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