Sopra Steria Group Un/Adr (SPPSY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to this Soprasteria H1 2025 results announcement. All participants will be able to listen only, and there'll be a Q&A session at the end of the presentation. For your information, the conference is recorded. I will now hand the floor to Cyril Malaget, CEO. Over to you. Thank you very much. Good morning, ladies and gentlemen, and welcome to this webcast presenting the H1 2025 results. I'll be leading this presentation with Etienne Duvigneaux, Group CFO. I'll start by talking about the highlights of H1, then the operating position by reporting units. Etienne will present the details of the financial results. I'll conclude with our priorities for the second half of the year and our financial targets, our annual financial targets, and then we'll finish with a Q&A session. So, let's start with the key figures of the half year. Against a backdrop which we anticipated to be difficult, we held up well. The revenue was 2,843,000,000. so an organic contraction of 3.8%. Operating margin on business activity held up well and was 9.2%, a limited decrease of 0.5% compared with H1 in 2024. Net profit attributable to the group was up 15.3% and stood at 142 million euros. Net margin was up 0.8% when compared with H1 2024, to hit 5% of revenue. Net earnings per share were 7.29 euros, so an increase of 19.2%. The traditional seasonal effect in free cash flow was significant, and the free cash flow stood at a negative amount for this first half of the year. It was minus 145.9 million euros. The EBITDA leverage ratio was at 1.63 at the same time last year and stood at 1.17 this year. So let's just go over change in revenues. Obviously, the highlight was the confirmation that the first quarter represented a low point for 2025 as we announced...