Sopra Steria Group SA (XPAR:SOP)
€ 184.1 3 (1.66%) Market Cap: 3.73 Bil Enterprise Value: 5.25 Bil PE Ratio: 19.18 PB Ratio: 1.87 GF Score: 90/100

Q1 2023 Sopra Steria Group SA Corporate Sales Call Transcript

Apr 28, 2023 / 06:00AM GMT
Release Date Price: €196 (+2.35%)
Operator

[Interpreted] Good morning, ladies and gentlemen, and welcome to Sopra Steria conference call for the presentation of Q1 revenues. I will now hand the floor to Cyril Malarge. Over to you.

Cyril Malarge
Sopra Steria Group SA - Group CEO

[Interpreted] Thank you. Good morning. Good morning, ladies and gentlemen. Welcome to this conference call to comment on Q1 revenues. I will start with a few general comments on the performance of the quarter, then I will detail the figures for our 5 reporting units, then we will have a Q&A session, which I will lead with Etienne du Vignaux, the group's CFO.

So what can we take away from this quarter. We had a good first quarter with revenues totaling EUR 1,395.4 million, total growth of 10.1%. So growth generated in a market that is driven by our customers' digital transformation, excluding changes in currency and scope. Organic growth was 9.1%, which as planned is above our forecast for the full year. Obviously, we had a favorable comparison basis in the first quarter and an additional working day when compared

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