Sopra Steria: stable organic sales in Q1

(CercleFinance.com) - Sopra Steria has reported total sales growth of 13.
8% to E1.59bn for Q1 2024, mainly thanks to a positive scope effect linked to the consolidation of CS Group, Tobania and Ordina.

The IT services company's sales increased by 0.3% LFL, in line with its guidance issued at the end of February, despite a slowdown in discretionary technology investments.

Sopra Steria confirms its 2024 targets of organic sales growth of 2% to 4%, an operating margin of 9.5% to 10%, and FCF of at least E350m.


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