Sopra Steria Group : Good performance in Q1 2020 before a more difficult Q2
>Good resilience of growth in Q1... - This morning, Sopra Steria reported organic growth in Q1 2020 revenues of +3.3% to € 1,140m, significantly higher than expected (ODDO BHF: +0.3%, consensus: +0.4%). This is an impressive figure since it reflects a trend in line with that of Q4 2019 (+3.3%). The impact of COVID-19 in Q1 is estimated at “only†-€ 10m, with disruption observed over the last two weeks of March. This implies an estimated impact of -6 points over the pe...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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