Sopra Steria Group : Solid 2020 results with better-than-expected profitability. Guidance for 2021 ahead of expectations
>End of 2020 penalised by the cyberattack, as expected - Sopra Steria ended 2020 with organic growth of -7.7% in Q4, reflecting a slowdown (vs -5.8% in Q3 2020) that was even more marked than expected (consensus: -6.4% and, including an impact of around 3.5% from the cyberattack as expected. Stripping out this impact, momentum improved slightly with an organic decline of 4.2%. This improvement was marginally weaker than expected (ODDO BHF: -2.5% org. in Q4 excluding ...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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