Sopra Steria: Return to growth, Full-year targets for 2021 revised up
Revenue of €2,328.3m in H1 2021, equating to total growth of 7.5% (4.0% at constant scope and exchange rates)
Strong organic growth of 9.0% in Q2 2021, in a buoyant market context focused on the digital transformation of organisations
At constant scope and exchange rates, H1 2021 revenue exceeds revenue for H1 2019
Operating margin on business activity of 7.2%, up 1.1 points from H1 2020 and 0.4 points from H1 2019
Net profit attributable to the Group improves to €85.1m (€43.7m for H1 2020 and €60.9m for H1 2019)
Free cash flow rises to €61.9m (€37.1m at 30 June 2020)
Targets raised for financial year 2021: organic revenue growth of around 6%, operating margin on business activity of between 7.7% and 8.0%, and free cash flow of between €150m and €200m