Sopra Steria - 2020 Convening Notice
2 SOPRA STERIA GROUP PRESENTATION’S IN 2019 Strategy and objectives
ACQUISITION STRATEGY 1.2.5. The Group will continue to play an active role in market consolidation. It will be able to combine targeted acquisitions to enhance its offerings and expertise with larger transactions. Medium-term strategic objectives 1.3. Sopra Steria’s strategy is organised around its independent corporate plan for sustainable value creation, which is based on expansion, added value and differentiation, particularly through its software business as well as specific contributions to meet the European challenges of digital sovereignty. Accordingly, and on the basis of market conditions similar to those of previous years, the
Group aims to achieve gradual and continuous improvements in its performance. Over the medium term, in a market driven by digital transformation, the Group is targeting annual organic revenue growth of between 4% and 6%, an operating margin on business activity of around 10%, and free cash flow of between 5% and 7% of revenue. On 21 February 2020, when reporting on its business results for 2019, the Group had announced targets for the 2020 financial year. These targets were determined prior to the onset of the Covid-19 pandemic and therefore must no longer be considered as valid. Current uncertainties surrounding the scale and duration of the ensuing health and economic crisis make it impossible to set new targets for 2020 at this time.
SOPRA STERIA NOTICE OF MEETING 2020
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