Sopra Steria Group : Excellent H1 2019 at every level. Solid outlook for FY 2019
>Q2 2019 organic growth of +7.5%, +3pts ahead of expectations - Sopra Steria reported organic growth in Q2 2019 revenues of 7.5%, significantly higher than expected (ODDO BHF: 5.4% organic; consensus: 4.6% organic) in line with Q1 2019. This excellent performance is driven by: IT services which posted organic growth of 8.3%, ahead of our estimates (vs ODDO BHF: 6.1% organic) reflecting solid momentum vs Q1 2019: 8.6% organic In detail by geographic region: France repo...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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