0
IT

Sopra Steria reports 3% rise in Q1 revenues, expects negative growth in Q2

Friday 24 April 2020 | 11:19 CET | News
IT services group Sopra Steria generated first-quarter revenues of EUR 1.14 billion, up 3.3 percent year-on-year at constant scope and currency (+4.5% on a reported basis). While the organic revenue trend was stable quarter-on-quarter, the company said that the Covid-19 pandemic has negatively affected performance in the second half of March, with an estimated EUR 10 million impact on revenues.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Sopra Steria
Countries: Europe / France
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Sopra Steria posts 8% organic revenue drop in Q2, expects full-year negative growth

Published 29 Jul 2020 16:46 CET | World
IT services group Sopra Steria generated second-quarter revenues of EUR 1.02 billion, down 8.4 percent year-on-year at constant ...

Sopra Steria agrees acquisition of Sodifrance

Published 10 Jul 2020 14:23 CET | France
IT services group Sopra Steria has signed an agreement to buy a controlling interest in rival Sodifrance, corresponding to 94.03 ...

Sopra Steria UK and Asia names John Neilson as CEO

Published 10 Jun 2020 09:44 CET | United Kingdom
Sopra Steria executive John Neilson has been promoted to CEO of the IT group's UK and Asia operations, joining the Sopra Steria ...

Idemia and Sopra Steria secure contract for biometric services to protect EU's Schengen area

Published 04 Jun 2020 11:18 CET | Europe
Augmented identity specialist Idemia and IT services group Sopra Steria have been awarded a four-year framework contract from ...

Sopra Steria suspends guidance for 2020, cancels 2019 dividend due to Covid-19

Published 10 Apr 2020 10:06 CET | World
IT services group Sopra Steria is suspending the 2020 financial guidance published in February due to ongoing uncertainty caused ...

Sopra Steria acquires user-experience consultancy Cxpartners

Published 03 Mar 2020 09:50 CET | United Kingdom
IT services group Sopra Steria has announced the acquisition of Cxpartners, a UK company that helps businesses take a ...

Sopra Steria posts 3% organic revenue growth in Q4, enters talks to buy Sodifrance

Published 21 Feb 2020 10:36 CET | Europe
IT services group Sopra Steria reported revenues of EUR 1.19 billion in the three months to December, up 3.3 percent year-on-year ...





Calendar   /   Industry Events

01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
01 Dec 5G Italy
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
::: More Calendar Items