First half 2018 in line with forecasts

Paris, | minutes read

At its meeting on 26 July 2018 chaired by Pierre Pasquier, Sopra Steria’s Board of Directors approved the financial statements for the first half of 2018; the Statutory Auditors have conducted a limited review of these financial statements.

  • Revenue grew by 6.5%, with organic growth at 5.3%
  • Operating margin on business activity was 6.6% (7.5% in H1 2017) in line with budget, and net profit attributable to the Group came to €38.4 million (€65.9 million in H1 2017) owing to stronger seasonal effects than in 2017
  • EBITDA rose 5.0%, and free cash flow improved by €32 million (to an outflow of €77 million from an outflow of €109 million in H1 2017), in line with the annual targets
  • Sopra Banking Software, the United Kingdom and digital were the top investment priorities, as planned
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First half 2018 in line with forecasts