Sopra Steria: stable organic quarterly sales
(CercleFinance.com) - IT services group Sopra Steria has reported third-quarter 2024 sales of almost E1.
36bn, up 0.9% overall, but stable LFL.
The European market was generally wait-and-see and lacked momentum, with the exception of certain countries such as Spain, Italy and Norway, explains CEO Cyril Malargé, who nevertheless points to a renewal of some of the group's very important positions.
Sopra Steria confirms its 2024 targets of roughly stable organic sales, an operating margin of at least 9.7% and free cash flow of around E350m.
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