Sopra Steria Group Un/Adr (SPPSY) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to this Suppress Area 2024 annual results presentation. For information, the conference will be recorded this morning, and you will be only able to listen to the conference. However, there will be a Q&A session at the end of the presentation. If you wish to ask a question, please dial star 1 on your telephone keypad. If you need any help... please press star zero and you'll be connected to an operator. I'll hand the floor to Cyril Malaget, CEO, to start the presentation. Thank you. Good morning. Good morning, ladies and gentlemen. Welcome to this webcast for the Soprasteria 2024 annual results presentation. I will lead this conference with Etienne who will present the details of the financial results for 2024. Then I'll conclude with midterm outlook and targets for the full year. And then I will finish with the Q&A session. So let's start with the highlights of 2024. Firstly, our results were significantly up despite a wait-and-see market. Revenue held up well with an organic contraction of 0.5%. Operating margin on business activity was up at 9.8%. thus enabling us to hit our target set three years ago, so an ROA of roughly 10%. The net profit attributable to the group from continuing operations was up 68.4% at 309.3 million. The free cash flow was... very, very solid at €432 million, which represents 7.5% of revenues. Operating performance was solid despite the market context. Soprasteria had its best year since 2007 from an operating margin point of view and from a cash generation point of view. So we've seen a key improvement in ROCE, so before tax, which was above 20% and stood at 21.5%. 2024 also concluded with an improvement in cash returns for shareholders. So here we've seen a market cap of €3.5 billion, or a f...