Wolfgang Speck
Analyst, Berenberg
Replay available
Sopra Steria Group Un/Adr (OTC: SPPSY) Q1 2025 earnings conference call, held 2025-04-30. Replay captured from the company's public earnings webcast.

Analyst, Berenberg
Analyst, Bank of America Securities
Participant
Good morning, ladies and gentlemen, and welcome to this conference call on Farber Stereo Q1 2025 Revenue. Just for information, this call will be recorded. If you would like to ask any questions, dial star 1 on your telephone keypad. Today, we're with Cyril Malaget, CEO, and Etienne de Vigneault, Group CFO. Now I'll hand the floor to Ms. Malaget. Over to you. Thank you. Good morning. Good morning, ladies and gentlemen. Welcome to this conference call to announce Supersteria's Q1 2025 revenue. I'm here with Etienne Duvigneau, Group CFO, and we'll lead this session together. I'll start with a few general comments on performance over the quarter. Then I'll talk about the figures for our four reporting units. Finally, we'll finish with a Q&A session. So revenue in Q1 2025 stood at 1,415 million euros, so down 4.7% when compared with Q1 2024. At constant scope and exchange rates, the contraction was 4.9%. So a performance that was slightly better than the forecast given in February of minus 5 to minus 6 percent. We can confirm that our aeronautics sector has stabilized since the fourth quarter of 2024. And as previously announced, the NS&I program in the United Kingdom has It started on the 1st of April. It got up to a good start under good conditions, and this program will contribute to revenue from the second quarter onwards. Furthermore, I'm happy to announce that six major contracts under the SSCL platform in the UK have been extended. So for an extra three years, which means their renewal date is now the end of 2028, and this secures business in the UK. Finally, we all know the backdrop. We have accelerated our decisions in defense and security. This activity is developing well at Supersteria for several years now and represents over a million euros in revenue, thank...