Brief: Sopra Steria Group SA FY

Sopra Steria SA

22/02/2024 06:07

Feb 22 (Reuters) - Sopra Steria Group SA  SOPR.PA :
    * FY REVENUE CAME TO EUR 5.805 BILLION, UP 13.8%. ORGANIC
GROWTH
WAS 6.6%
    * PROPOSED DIVIDEND IN RESPECT OF FINANCIAL YEAR 2023: EUR
4.65
PER SHARE (EUR 4.30 FOR 2022)
    * FY OPERATING MARGIN ON BUSINESS ACTIVITY CAME IN AT 9.4%,
UP 0.5
POINTS FROM 2022
    * FY FREE CASH FLOW WAS VERY STRONG AT EUR 390.2 MILLION,
EQUATING
TO 6.7% OF REVENUE, SIGNIFICANTLY EXCEEDING INITIAL TARGET
    * FY NET PROFIT ATTRIBUTABLE TO GROUP CAME TO EUR 183.7
MILLION
(EUR 247.8 MILLION IN 2022)
    * AT END-DECEMBER 2023, WORKFORCE ATTRITIONRATE WAS 14.0%,
COMPARED WITH 17.0% IN 2022
    * 2024 OUTLOOK: ORGANIC REVENUE GROWTH OF BETWEEN 2% AND 4%,
INCLUDING A RELATIVELY STABLE Q1
    * 2024 OUTLOOK: OPERATING MARGIN ON BUSINESS ACTIVITY OF
BETWEEN
9.5% AND 10.0%, INCLUDING A DILUTIVE EFFECT OF AROUND 0.2 POINTS
RELATED TO RECENT ACQUISITIONS
    * 2024 OUTLOOK: FREE CASH FLOW IN EXCESS OF EUR 350 MILLION
    * OUTLOOK: FOR 2025-2027, DETAILS AND FINANCIAL TARGETS TO
BE
ANNOUNCED AT A CAPITAL MARKET DAY IN EARLY DECEMBER 2024

Source text for Eikon:  ID:nBw9GdhDva 
Further company coverage:  SOPR.PA 

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