Organic revenue growth was robust in Q2 19, +7.5% (vs +7.3% in Q1 19) thanks to a strong performance in IT services in France, the UK and Other Europe excluding Germany. The operating margin on business activity improved slightly (+0.2pt to 6.8% of revenue) thanks to a strong profitability in France and the recovery from low levels in the UK. Finally, organic revenue growth was raised to +6% or more (vs +4-6% previously) in 2019.
26 Jul 2019
Strong organic revenue growth mid-year, raised for 2019
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Strong organic revenue growth mid-year, raised for 2019
Sopra Steria Group SA (SOP:PAR) | 0 0 0.2% | Mkt Cap: 3,148m
- Published:
26 Jul 2019 -
Author:
Hélène Coumes -
Pages:
3
Organic revenue growth was robust in Q2 19, +7.5% (vs +7.3% in Q1 19) thanks to a strong performance in IT services in France, the UK and Other Europe excluding Germany. The operating margin on business activity improved slightly (+0.2pt to 6.8% of revenue) thanks to a strong profitability in France and the recovery from low levels in the UK. Finally, organic revenue growth was raised to +6% or more (vs +4-6% previously) in 2019.