In H1 20, organic revenue declined by 2.6% (of which -8.4% in Q2 20) and the decrease in the operating margin on business activity was limited (-0.7pt to 6.1% of revenue). The group benefited from its revenue structure (40% recurring revenue) and its exposure to the public/semi-public sector (30% of revenue) to attenuate the drop in activities in aeronautic, the temporary fall in volumes on some outsourced services and the drop in licences revenue. Finally, the group gave encouraging guidance
30 Jul 2020
Solidity in tough times
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Solidity in tough times
Sopra Steria Group SA (SOP:PAR) | 0 0 0.2% | Mkt Cap: 3,148m
- Published:
30 Jul 2020 -
Author:
Hélène Coumes -
Pages:
3
In H1 20, organic revenue declined by 2.6% (of which -8.4% in Q2 20) and the decrease in the operating margin on business activity was limited (-0.7pt to 6.1% of revenue). The group benefited from its revenue structure (40% recurring revenue) and its exposure to the public/semi-public sector (30% of revenue) to attenuate the drop in activities in aeronautic, the temporary fall in volumes on some outsourced services and the drop in licences revenue. Finally, the group gave encouraging guidance