Sopra Steria Group SA
PAR:SOP

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Sopra Steria Group SA Logo
Sopra Steria Group SA
PAR:SOP
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Price: 135.5 EUR 0.59% Market Closed
Market Cap: 2.8B EUR

Sopra Steria Group SA
Investor Relations

In the intricate world of digital transformation, Sopra Steria Group SA stands as a seasoned navigator, guiding businesses and governments through the complex waters of IT services and consulting. Born from the merger of two venerable firms, Sopra and Steria, this French enterprise has carved its niche by blending deep industry knowledge with technological prowess. The company operates through a network of innovations, catering to a diverse clientele spanning multiple sectors such as banking, telecommunications, and public services. It meticulously tailors its offerings to maximize efficiency and foster growth—whether by revamping outdated IT systems, devising robust cybersecurity strategies, or crafting cutting-edge software solutions. This bespoke approach ensures that every client receives a unique, strategic edge, thus securing Sopra Steria's place as a trusted partner in the digital age.

Sopra Steria's revenue engine is fueled by a robust portfolio anchored in four key business areas: consulting, systems integration, software development, and infrastructure management. Consulting serves as the compass, setting strategic directions for clients embarking on their digital journeys. Systems integration binds the pieces together, smoothly converging various technologies into cohesive structures. The firm’s adeptness in software development not only addresses current client needs but anticipates future demands, ensuring solutions that are both scalable and resilient. Infrastructure management keeps the machinery running smoothly behind the scenes, optimizing operations, and minimizing disruptions. By expertly managing this diverse suite, Sopra Steria transforms technological challenges into profitable opportunities, ensuring steady streams of revenue and fostering enduring partnerships.

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Last Earnings Call
Fiscal Period
Q3 2021
Call Date
Oct 29, 2021
AI Summary
Q3 2021

Strong Revenue Growth: Organic revenue grew 8.9% in Q3, with especially strong 11.4% organic growth in France and 15.4% in the UK.

Guidance Confirmed: Management reaffirmed full-year targets: organic revenue growth of at least 6%, operating margin between 7.7% and 8%, and free cash flow between EUR 150 million and EUR 200 million.

Recruitment Accelerated: 3,710 new employees joined in Q3 (nearly 8,000 YTD), with headcount up 1.5% vs June, and continued focus on hiring in India.

Margin Stability: Margins are improving but will recover progressively; management maintains a cautious approach but expects further improvement over coming quarters.

Sopra Banking Software Transition: SBS showed negative 2% growth as expected, with a shift from licenses (EUR 60M last year to EUR 50M this year) to subscriptions (EUR 60M expected in 2021).

Strategic Acquisitions: Two targeted acquisitions (cybersecurity in France, design in Norway) are expected to close by year-end or early next year, both at margins above the group average.

Talent Market Remains Tight: Attrition is stable at 15%, and salary pressure is being managed by recruiting juniors and planning for sales price increases.

Key Financials
Organic Revenue Growth
8.9%
Organic Revenue Growth France
11.4%
Organic Revenue Growth UK
15.4%
Organic Revenue Growth Other Europe
6%
Employee Hires (Q3)
3,710
Employee Hires (YTD)
almost 8,000
Attrition Rate
15%
Headcount Growth (Q3 vs Q2)
1.5%
Headcount Growth India
10.2%
Sopra Banking Software Revenue Growth
-2%
Sopra Banking Software License Revenue 2020
above EUR 60 million
Sopra Banking Software License Revenue 2021
about EUR 50 million
Sopra Banking Software Subscription Revenue 2021
EUR 60 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Pierre Pasquier
Founder & Chairman
No Bio Available
Mr. Cyril Malarge
Group Chief Executive Officer
No Bio Available
Ms. Kathleen Clark
Director of Corporate Development & Director
No Bio Available
Mr. Etienne du Vignaux
Group Chief Financial Officer
No Bio Available
Dominique Lapere
Chief Operating Officer
No Bio Available
Mr. Mohammed Sijelmassi
Chief Technology Officer
No Bio Available
Mr. Olivier Psaume
Investor Relations Director
No Bio Available
Mr. Yvane Bernard-Hulin
Legal Director
No Bio Available
Felicia Ljungvall
PR Manager
No Bio Available
Malika Kaoua
Group Consulting Head of Marketing & Image
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Paris
6 avenue Kleber
Contacts
+33140672929.0
www.soprasteria.com