Summary
Sopra Steria reported a revenue of €1,415.0 million for the first quarter of 2025, reflecting a 4.9% organic contraction compared to the same period last year. While the overall performance was slightly better than predicted, the company anticipates an easing of this negative growth trend in Q2 2025. The Chief Executive Officer highlighted the stabilisation of aeronautics and progress in public sector contracts as key contributors to future revenue improvement.
Key Points
- Q1 2025 revenue decreased by 4.9% organically, better than the forecasted decline of between -5% and -6%.
- The aeronautics sector shows signs of stabilisation after a rough previous quarter.
- New contracts and extensions, including a £300 million commitment over three years, bolster growth prospects.
- Revenue from France contracted by 4.9%, while the UK experienced a steeper decline of 10.8%.
- Sopra Steria has set ambitious targets for financial growth and operational margins for 2025.
Why should I read this?
If you’re into the tech industry or tracking corporate performance, this piece is dead on! Sopra Steria’s figures tell us a lot about current market conditions and future trends. They’ve managed to keep their heads above water, and understanding how they plan to tackle upcoming challenges can give you some great insights into navigating this rapidly-changing arena. We’ve done the reading for you—so dive in!