Sopra Steria: organic sales virtually flat in Q1

(CercleFinance.com) - Sopra Steria has reported Q1 2021 revenue of nearly 1.
17 billion euros, up 2.2% on a reported basis, although down 0.5% at constant consolidation scope and exchange rates.

Nevertheless, Q1 2021 confirmed an improving trend, enabling IT services group to anticipate a return to organic sales growth and an increase in the operating margin rate in 2021.

Sopra Steria reiterates that it is targeting organic sales growth of between 3% and 5% this year, an operating margin of between 7.5% and 8%, and free cash flow of around 150 million euros.


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