Edition:
United Kingdom

Sopra Steria Group FY Operating Profit Up At 3.85 Billion Euros


Monday, 19 Feb 2018 

Feb 19 (Reuters) - Sopra Steria Group Sa ::FY RESULTS.FY REVENUE OF €3,845.4 MILLION, EQUATING TO ORGANIC GROWTH* OF 3.5%.FY OPERATING PROFIT EUR 261.7 MILLION VERSUS EUR 240.2 MILLION YEAR AGO.FY NET PROFIT GROUP SHARE EUR 171.4 MILLION VERSUS EUR 150.4 MILLION YEAR AGO.TARGETS FOR THE 2018 FINANCIAL YEAR ARE: ORGANIC REVENUE GROWTH OF BETWEEN 3% AND 5%.TO PROPOSE PAYMENT OF DIVIDEND4 OF €2.40 PER SHARE (€2.20 PER SHARE IN RESPECT OF FY 2016).TARGETS FOR THE 2018 FINANCIAL YEAR ARE: A SLIGHT IMPROVEMENT IN OPERATING MARGIN ON BUSINESS ACTIVITY.TARGETS FOR THE 2018 FINANCIAL YEAR ARE: FREE CASH FLOW IN EXCESS OF €170 MILLION (€133M INCLUDING 2017 SALE OF TRADE RECEIVABLES)..BY 2020, SOPRA STERIA AIMS TO ACHIEVE: ANNUAL ORGANIC REVENUE GROWTH OF BETWEEN 3% AND 5%.BY 2020, SOPRA STERIA AIMS TO ACHIEVE: FREE CASH FLOW OF BETWEEN 5% AND 7% OF REVENUE..FOR 2020 AIMS TO ACHIEVE AN OPERATING MARGIN ON BUSINESS ACTIVITY OF AROUND 10%.