Sopra Steria Group Sa · EURONEXT:SOP
Sopra Steria Group Sa — Morgan Stanley European Technology, Media & Telecom Conference 2025
23 slides from Sopra Steria Group Sa's conference presentation, Nov 13, 2025
Slide 1: European Technology, Media & Telecom
European Technology, Media & Telecom Morgan Stanley Barcelona, 13rd November 2025
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking information subject to certain risks and uncertainties that may affect the Group’s future growth and financial results. Readers are reminded that licence agreements, which often represent investments for clients, are signed in greater numbers in
Slide 3: History of Sopra Steria Group
History of Sopra Steria Group More than 50 years of continuous growth and transformation IT services to drive and Sopra Steria: Birth of a European support Refocusing Sopra Driving leader in digital transformation A new modernisation - Financial Steria on digital digital transformation strategic pla
Slide 4: Core shareholder backing the corporate plan
Core shareholder backing the corporate plan Ownership structure at 30 June 2025 SOPRA GMT Pasquier Odin One Equity Historical Treasury family family Partners managers shares 54.0% 22.4% 22.6% 0.9% 0.1% 60.8% 25.5% 12.9% 0.9% 0.0% 20,547,701 listed shares 26,586,617 theoretical voting rights Investme
Slide 5: A Growth Story
A Growth Story 5 805 5 776 20 years average: - Annual organic revenue growth ~ +5% 5 101 - Operating margin 8.5% 4 683 4 434 4 263 4 095 3 845 3 741 3 584 3 370 Revenue (€m) Operating profit on business activity (€m) 1 349 1 216 1 050 964 958 912 856 781 672 556 37 47 63 76 82 65 86 93 110 109 231 2
Slide 6: Resilience and a proven ability to bounce back from past downturns
Sopra Steria has demonstrated resilience and a proven ability to bounce back from past downturns Financial Crisis Sanitary Crisis CAGR 2008-2010 : 0.3% CAGR 2019-2021 : 2.8% 11% Organic Organic 7% 6% 5% Growth Growth -5% -4% 2008 2009 2010 2019 2020 2021 Operating Operating margin on 10% margin on 8
Slide 7: Sopra Steria: A European leader in digital transformation
Sopra Steria: A European leader in digital transformation Top 9 operating in Europe(1) ADVISE DEVELOP OPERATE SECURE Consulting is central to Purpose-built digital Operates and optimizes Secures digital solutions our value proposition, solutions for businesses, digital solutions for for businesses,
Slide 8: Focused Positioning
Focused Positioning 26% 22% 20% 85% 9% 6% Public Aeronautics, Space, Financial Services & Digital Services Consulting Solutions Sector Defence & Security Insurance 68% Group revenue o/w: Recurring revenue ~40% 6% France More than €1 billion in revenue in the defence, 7% United Kingdom security and s
Slide 9: Leader in defence & digital security
Leader in defence & digital security Among the top 10 leaders in France’s DITB (1) – Major player in the EU’s EDITB (1) Critical systems Manufacturers €525m €160m 1% 12% Public Security & Identity Airbus D&S Dassault Naval Group KNDS Aviation Command & Control Thales MBDA Kongsberg 41% Safran 12% Cy
Slide 10: Improved performance since 2020
Improved performance since 2020 Operating profit on business FCF(1) (€m) activity (%) RoCE(2) before tax (%) % of revenue 7.5% 6.7% 9.8% 432 21.5% 9.4% 390 8.9% 18.7% 8.1% 16.9% 16.5% 287 246 14.1% 7.0% 204 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 (1) FCF: Free cash
Slide 11: Solid balance sheet structure
Solid balance sheet structure Simplified balance sheet Assets + WCR (€m) 59% 4% 13% 30/06/25 Gearing Leverage €140.9m 34% 1.17x 30/06/2025 3,427.3 3% 20% 65% 4% 14% Gearing Leverage 31/12/2024 3,055.0 31/12/24 €135.9m 19% 0.61x 4% 13% Equity Pensions – Post-employment benefits Net Net Provisions for
Slide 12: 9 months revenue performance
9 months revenue performance Sopra Steria: Revenue by reporting unit – Q3 2025 Q3 2024 Organic Total Q3 2025 Q3 2024 reported restated* growth growth France 574,9 575,1 571,2 -0,1% +0,6% United Kingdom 211,5 233,7 240,2 -9,5% -12,0% Europe 452,1 468,2 467,7 -3,4% -3,3% Solutions 77,4 77,7 77,8 -0,4%
Slide 13: Priorities for H2 2025
Priorities for H2 2025 BUSINESS TRANSFORMATION PERFORMANCE • Expansion • Operating model • Gross margin • Focus on key accounts • Tech, AI & Consulting management • Support for sales • HR • Cost control • Strategic verticals • Reduction in DSO 13 European Technology, Media & Telecom Conference 2025
Slide 14: Confirmation of 2025 full-year financial targets
Confirmation of 2025 full-year financial targets Organic revenue growth Operating margin on Free cash flow (as % of revenue) business activity (as % of revenue) Between Between Between -2.5% and +0.5% 9.3% and 9.8% 5% and 7% including a dilutive effect arising from higher social security contributio
Slide 15: 2028 Plan
2028 Plan Europe Business mix Positioning Higher added-value A European leader in digital services A credible European alternative to 4 Strategic sectors Consulting ≥12% global operators of Rev. Public Sector Decision to focus on offering high value-added offers Technology mix Higher added-value Fin
Slide 16: Targets for 2026-2028
Targets for 2026-2028 10% to 11% Organic growth Operating margin 2 to 5 annual post-2025 % % External growth Free cash flow (% of revenue) 5% to 7% ~ € bn 1 RoCE before tax c. 20% 16 European Technology, Media & Telecom Conference 2025
Slide 17: Q&A
Q&A
Slide 18: Appendix
Appendix
Slide 19: Income Statement
Income Statement 2024 2023 2023 restated* reported (€m) (% of rev.) (€m) (% of rev.) (€m) (% of rev.) Revenue 5,776.8 5,469.0 5,805.3 Organic growth -0.5% Operating profit on business activity 564.7 9.8% 526.0 9.6% 548.2 9.4% Share-based payment expenses -17.3 -34.3 -43.0 Amortisation of allocated i
Slide 20: Simplified balance sheet
Simplified balance sheet 31/12/2023 31/12/2023 31/12/2024 restated* reported (€m) (€m) (€m) Goodwill 2,348.2 2,586.2 2,668.9 Allocated intangible assets 174.3 232.1 124.8 Other fixed assets 345.2 307.9 304.3 Right-of-use assets 384.4 457.1 457.1 Equity-accounted investments 1.0 185.9 185.9 Total fix
Slide 21: Breakdown of change in net financial debt
Breakdown of change in net financial debt 2023 2023 2024 restated* reported (€m) (€m) (€m) Operating profit on business activity 564.7 526.0 548.2 Depreciation, amortisation and provisions (excluding allocated intangible assets) 185.7 161.3 176.1 EBITDA 750.5 687.3 724.3 Non-cash items -6.0 7.3 0.4
Slide 22: Earnings per share
Earnings per share H1 2025 2024 H1 2024 2023 H1 2023 Net profit attributable to the Group (€m) 142.0 251.0 123.2 183.7 112.5 Weighted average number of shares in issue excluding treasury shares 19.49 20.14 20.16 20.22 20.20 Basic earnings per share (€) 7.29 12.46 6.11 9.08 5.57 Basic recurring earni
Slide 23: Global Workforce
Global Workforce 31/12/2024 31/12/2023 France 19,949 20,370 Europe 22,928 23,052 Outside Europe 224 367 International Service Centres 7,887 7,979 Total* 50,988 51,768 Sopra Banking Software 3,792 Interns 249 273 51,237 55,833 * Workforce calculated excluding interns, in accordance with the requireme
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