Sopra Steria: Q3 sales down 5%
(CercleFinance.com) - Sopra Steria has announced Q3 sales of 987.
6 million euros, down 4.9% as reported and down 5.9% LFL, albeit representing an improvement compared Q2.
The IT Services Group states that this organic decrease in Q3 is largely due to a fall of almost 30% in the aeronautical sector (compared to a decrease of about 20% in Q2).
Sopra Steria adds that performance over the first nine months of 2020 and the first trends for Q4 are in line with its forecasts, including an organic fall of between -2% and -4% and an operating margin of between 6% and 7%.
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