0
IT

Sopra Steria revenue decline eases to 6% in Q3

Wednesday 28 October 2020 | 13:03 CET | News
IT services group Sopra Steria generated revenues of EUR 987.6 million in the three months to September, down 5.9 percent year-on-year at constant scope and exchange rates (-4.9% on a reported basis). The rate of the contraction eased from the 8.4 percent organic revenue drop reported in the previous quarter. This recovery was partly supported by an improved performance at the UK operations, where the group's two public-sector joint ventures (NHS SBS and SSCL) were the main driver behind a return to growth (+6.2% organically from -11.3% in Q2).

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
::: add a comment

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 identifies ransomware behind cyber attack

Published 26 Oct 2020 16:15 CET | World
IT services group Sopra Steria has pinpointed the source of the cyber attack that hit its information systems early last week. ...

Sopra Steria enters partnership with Sky Republic to offer digital supply chain platforms

Published 19 Oct 2020 11:38 CET | World
European IT services group Sopra Steria has entered a technology partnership with US startup Sky Republic to provide digital ...

Sopra Steria commits to net zero carbon emissions by 2028

Published 18 Sep 2020 16:40 CET | World
IT services group Sopra Steria has added a new target to its 'climate action' plan, committing to achieve net zero carbon ...

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 ...





Calendar   /   Industry Events

24 Nov SD-WAN & SASE Summit
25 Nov Partner Communications Q3 2020
26 Nov Telekom Malaysia Q3 2020
26 Nov Axiata Q3 2020
26 Nov Megafon Q3 2020
30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
::: More Calendar Items