Sopra Steria: Full-year earnings down by a third

(CercleFinance.com) - Sopra Steria has reported a 33.
4% decline in its 2020 net income, group share at 106.8 million euros, with an operating margin that is down one point to 7% on revenues that are down 3.9% at 4.26 billion euros (-4.8% on an organic basis).

The IT services group will propose a dividend payment of 2 euros per share for the past fiscal year to the next shareholders' general meeting, compared with basic earnings per share of 5.27 euros.

Sopra Steria's 2021 targets include organic sales growth of 3% to 5%, an operating margin of between 7.5% and 8% and free cash flow of around 150 million euros.


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