Q2 23 organic revenue growth was solid (+7.1%). The UK and Other Europe divisions were the most dynamic and aerospace, defence and security and the public sector were fast-growing. In H1 23, the operating margin on business activity improved strongly (+0.8pt to 8.8% of revenue). The 2023 guidance was upgraded for organic revenue growth and unchanged for the other metrics. Sopra Steria is in talks with the Cabinet Office which has a put option to sell its 25%-stake in SSCL.
