Sopra Steria Shares Surge to Yearly Peak on Upgraded Outlook

The company reported a net profit of 146.3 million euros for the first half, climbing from 142.0 million euros during the same period last year. Total revenue reached 2.96 billion euros, marking a 3% organic increase. This momentum was largely fueled by a second-quarter growth rate of 5.3%, accelerating from the 4.4% pace observed in the first quarter.

Management now anticipates full-year organic revenue growth between 2.0% and 2.5%, an improvement over the previous target of 1.0% to 2.0%. Following the mid-morning rally in European trading, the stock has extended its year-to-date gains to 26%.