Sopra Steria Group SA

SOP

Equity

ISIN FR0000050809 / Valor 509048

Euronext - Euronext Paris (2024-11-21)

EUR 178.30-0.94%

Sopra Steria Group SA
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About company

Sopra Steria Group SA is a prominent European technology company with a workforce of 56,000 employees across almost 30 countries. The company is known for its expertise in consulting, digital services, and software development. With a strong presence in the tech industry, Sopra Steria offers a wide range of services to clients worldwide, leveraging its extensive experience and innovative solutions to drive business growth and success.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the first half of 2024, Sopra Steria Group SA reported revenue of €2,949.4 million, reflecting a total growth of 3.8% and an organic growth of 0.3%. The second quarter alone saw an organic growth of 0.5%, indicating a steady performance despite market uncertainties.

Operating Profit

Sopra Steria Group SA's operating profit on business activity increased by 13.6% to €285.3 million in H1 2024. This resulted in an operating margin of 9.7%, which is an improvement of 0.9 percentage points compared to the first half of 2023.

Net Profit

The net profit attributable to Sopra Steria Group SA from continuing operations surged by 50.5% to €169.3 million in H1 2024, achieving a margin of 5.7%. Including net profit from discontinued operations, the total net profit attributable to the Group rose by 9.5% to €123.2 million.

Free Cash Flow

For the first half of 2024, Sopra Steria Group SA generated a free cash flow of €44.0 million. This figure aligns with historical seasonal effects, excluding a delay in the collection of tax credit receivables.

Full-Year Outlook

Sopra Steria Group SA has set its full-year targets for 2024, aiming for relatively stable organic revenue, an operating margin on business activity of at least 9.7%, and free cash flow around €350 million. The company remains optimistic about achieving these goals despite market challenges.

Summarized from source with an LLMView Source

Key figures

-5.41%1Y

5.01%3Y

32.1%5Y

Performance

30.7%1Y

30.8%3Y

34.1%5Y

Volatility