(AOF) – Sopra Steria’s revenue for the 1st quarter of 2022 amounted to 1.27 billion euros, up 8.8%. At constant scope and exchange rates, sales increased by 6.5%.
Cyril Malargé, CEO of Sopra Steria Group, said: “We had a good first quarter, slightly above our initial expectations. The market was dynamic, still driven by the digital transformation of our customers. Growth was particularly strong in the defense and aeronautics vertical markets which represent approximately 20% of our business”.
3,585 new employees joined the group during the first quarter of 2022, around a third of the annual objective. At the end of March 2022, the net headcount increased by 4.3% compared to the 1st quarter of 2021, including +12.2% in India. It stood at 48,114 people, compared to 47,437 people at December 31, 2021 and 45,959 people at March 31, 2021.
Sopra Steria confirmed its 2022 objectives of organic revenue growth of between 5% and 6%, an operating margin on business activity of between 8.5% and 9.0% and a net free cash flow of around 250 million euros.