Q1 2024 Sopra Steria Group SA Corporate Sales Call (English, French) Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Laura Metayer - Morgan Stanley - Analyst : Two questions. The first is, you've confirmed guidance for 2024. What makes you confident that you will achieve these growth rates? And then second question on aerospace. You said it was quite soft, but have you also seen some signs of improvement? And are you expecting positive growth in Q2?

Question: Laura Metayer - Morgan Stanley - Analyst : Just a follow-up, do you think the fact that it's going to improve in H2? Are there contracts that have been signed which confirm this?

Question: Nicolas David - ODDO BHF - Analyst : Good morning. Thanks for taking my question. The first is for France. Could we have a more detailed vision of the public sector? Any news or the economy? Is this having an impact on Q1? Or could we talk about the sector or what are the opportunities that we see here, which enable you to be optimistic? So public sector, excluding defense? And then the second question, in Q1, we saw a net recruitment of 400 people. So how should we interpret this? Is this a sign that you're confident for the quarters to come wherein this time in 2023, it was flat? So what does this imply with regard to growth in Q1, Q2 and then your usage rates?

Question: Nicolas David - ODDO BHF - Analyst : Very clear. Thank you.

Question: Emmanuel Parot - Gilbert Dupont - Analyst : Good morning. First question on your comments on activity rates on the bench. What's the situation up until now when compared with previous years? That's my first question. And then the second question on prices. So in Q1, if we extrapolate this over the year, how do you see changes in prices? So for Q1 and then with regard to the guidance?

Question: Emmanuel Parot - Gilbert Dupont - Analyst : Now just another point on Germany. You've been talking about the macro environment. Can we have some more information on the verticals, which are down?

Question: Emmanuel Parot - Gilbert Dupont - Analyst : And then, what about the second half of the year? The UK contracts, for example, are there any other examples that you could give us, which concerns this acceleration in the second half?

Question: Emmanuel Parot - Gilbert Dupont - Analyst : Okay. Very clear. Thank you for your answers. Have a good day.

Question: Aditya Buddhavarapu - BofA Global Research - Analyst : Hi, good morning. Thanks for taking my questions. This is Aditya from Bank of America. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 26, 2024 / 6:30AM, SOPR.PA - Q1 2024 Sopra Steria Group SA Corporate Sales Call (English, French) So three for me. Firstly, you spoke about aerospace, defense, scooter. Could you also maybe give some color on the trends you're seeing in financial services, maybe by market or how you think about the shape of growth in that sector during the year? Second, can you also talk about the performance you're seeing at the recently acquired assets, CS Group, Ordina, Tobania, on a like-for-like basis pro forma, if you could just comment on that? And then finally, I know you don't report the margins at the 1Q stage, maybe you can comment on how we should think about the rating of margin expansion for the year during the first half versus second half, given the top line development?

Question: Aditya Buddhavarapu - BofA Global Research - Analyst : Understood. Thank you. That's very clear. just maybe one follow-up from the press release, you talked about investing in programs round generative AI with Microsoft and Media. Could you just talk about maybe some of the initiatives there? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 26, 2024 / 6:30AM, SOPR.PA - Q1 2024 Sopra Steria Group SA Corporate Sales Call (English, French)

Question: Aditya Buddhavarapu - BofA Global Research - Analyst : Got it. Thank you very much.

Question: Thomas Poutrieux - BNP Paribas Exane - Analyst : Good morning, Etienne, Olivier. Just a small question on consulting. Can you let us know what the performance was in consulting for Q1 and what is the outlook?