Sopra Steria Group : Very strong start to the year with 7.3% org. growth. Guidance reiterated
>Q1 2019 org. growth of +7.3% (vs css at +4.9%) thanks to IT Services - Before market today, Sopra Steria published sales revenues of € 1091.3m, up 10.0% y/y on a reported basis of which 7.3% y/y organic, well above expectations (vs. Oddo BHF: +5.1%e y/y org, css: 4.9%e y/y org), showing a sequential acceleration (vs. Q4 18 at +5.5% y/y org) thanks to IT Services, which posted stellar growth of +8.4% org., marking a further acceleration (vs +6.7% in Q3 18, +7.6% in Q4...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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