Sopra Steria Group (SOP) Autumn Conference - Kepler Cheuvreux Presentation summary

Strategic positioning and sector focus

• 85% of revenue comes from digital services, with strong presence in consulting and solutions.

• Over €1 billion in 2024 revenue from defence, security, and space sectors.

• Recognized as a key partner for European sovereignty and cybersecurity initiatives.

• Among the top 10 leaders in France's and EU's defence technological and industrial base.

• Major clients include ministries of defence, interior, and justice, as well as leading aerospace and defence manufacturers.

Financial performance and outlook

• Q2 2025 showed improved trends, with organic revenue decline narrowing to -2.7% from -4.9% in Q1.

• Sequential stabilization in aeronautics and favorable year-on-year base effects expected from Q3 2025.

• New UK NS & I contract started in Q2 2025; public sector and defence returning to normal conditions.

• Targeting a return to slight organic growth in Q4 2025.

• 2025 full-year targets: organic revenue growth between -2.5% and +0.5%, operating margin 9.3%-9.8%, free cash flow 5%-7%.

Mid-term and long-term ambitions

• 2028 plan aims to position as a European leader in digital services and a credible alternative to global operators.

• Focus on high value-added offerings and sustainable technology implementation.

• Strategic sectors: public sector, financial services, defence & security, aeronautics.

• 2026-2028 targets: annual organic growth of 2%-5%, €1bn in external growth, operating margin 10%-11%, free cash flow 5%-7%, ROCE before tax around 20%.