Sopra Steria has reported total sales growth of 13.8% to €1.59 billion for the first quarter of 2024, thanks mainly to a positive scope effect linked to the consolidation of CS Group, Tobania and Ordina.

On a like-for-like basis, the IT services company's sales increased by 0.3%, in line with its guidance issued at the end of February, despite a slowdown in discretionary technology investments.

Sopra Steria confirms its 2024 targets of organic sales growth of between 2 and 4%, an operating margin of between 9.5 and 10%, and free cash flow of at least 350 million euros.

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