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Sopra Steria - SPPSY STOCK NEWS

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Sopra Steria, a European big tech firm, in collaboration with IDEMIA, the leader in identity technologies, has secured a contract to revamp the French government's fingerprint management system, crucial for criminal investigations and convictions. This project, FAED V3, aims to enhance system performance and interoperability with EU police systems, boosting law enforcement capabilities. Sopra Steria's expertise in software and contract services, combined with IDEMIA's biometric software development, promises a robust and high-performance solution.

Their successful past collaborations on strategic projects highlight their unrivaled biometric know-how. This new endeavor underscores their commitment to supporting French government departments and advancing law enforcement technologies. With a workforce of around 55,000 employees across nearly 30 countries, Sopra Steria specializes in consulting, digital services, and software development, driving digital transformation for clients worldwide.

On the other hand, IDEMIA, as the global leader in identity technologies, endeavors to unlock the world safely through cutting-edge R&D and expertise in biometrics and cryptography. With a focus on ethical and socially responsible solutions, IDEMIA secures billions of interactions daily across physical and digital realms. The company's impact spans over 180 countries, trusted by numerous governmental organizations and enterprises.

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Sopra Steria will present its 2022 Full Year Results on February 23, 2023, before market opening, followed by the 1st Quarter Revenue 2023 on April 28, 2023. A shareholders’ meeting is scheduled for May 24, 2023, at 2:30 p.m. Additionally, the company will announce its 2023 Half Year Results on July 27, 2023.

Lastly, the 3rd Quarter Revenue 2023 will be disclosed on October 27, 2023, before market opening.

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Sopra Steria Group announced its share and voting rights information as of 30 September 2022, in compliance with the French Commercial Code. The total number of shares stands at 20,547,701, while the theoretical number of voting rights is 26,553,249. The number of voting rights that can be exercised is 26,476,403. This disclosure ensures transparency for investors and stakeholders regarding the company's governance structure.

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Sopra Steria Group has disclosed its recent share buyback transactions under regulations set by the European Commission. The transactions include a total of 3,000 shares purchased on September 29, 2022, at a daily weighted average price of €126.099. Additionally, 3,300 shares were bought on September 28 at €126.3385 and 3,700 shares at €128.9796 on September 27. The transactions were executed through broker ODDO & CIE and categorized for employee equity purposes.

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Sopra Steria Group, listed on Euronext Paris (SOP), reports the share and voting rights status as of 31 August 2022. The company has a total of 20,547,701 shares with a theoretical 26,553,927 voting rights. Of these, 26,530,761 voting rights can be exercised. This announcement complies with the French Commercial Code and the regulations of the French financial markets authority, ensuring transparency for shareholders.

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Sopra Steria (Euronext Paris: SOP) has announced an increase of 4 million euros in resources allocated to its liquidity agreement with ODDO BHF SCA. This brings the total available cash to 5,179,365.31 euros and 12,123 shares available under the agreement. This initiative aims to enhance liquidity for the company as it continues to drive digital transformation for clients across various sectors, with a reported revenue of €4.3 billion in 2020.

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Sopra Steria has reported continued growth and momentum in the UK, achieving 5% growth in H1 2022 with revenue reaching £371.3m. The company is expanding its services to deliver greater societal value while transitioning away from legacy services. Key partnerships with various UK governmental organizations, including the NHS and the Ministry of Justice, highlight its commitment to improving public sector efficiency. Additionally, the company has launched Sopra Steria Financial Services for better financial inclusion amid rising living costs.

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Sopra Steria announces the public availability and filing of its half-yearly Financial Report as of 30 June 2022 with the Autorité des Marchés Financiers (AMF). The report is accessible under current regulations through the company’s investor relations website at https://www.soprasteria.com/en/investors.

This report provides stakeholders with key financial insights and performance metrics crucial for evaluating the company's progress.

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FAQ

What is the significance of the FAED V3 project for the French government?

The FAED V3 project aims to upgrade the French government's fingerprint management system to enhance system performance and ensure interoperability with EU police systems, bolstering law enforcement capabilities.

What are Sopra Steria and IDEMIA's roles in the FAED V3 project?

Sopra Steria will oversee software and contract services, while IDEMIA will handle biometric software development, data transfer, and hardware maintenance, leveraging their biometric expertise to deliver a robust system.

What previous successful projects have Sopra Steria and IDEMIA collaborated on?

Sopra Steria and IDEMIA have previously collaborated on projects like the sBMS system for the EU's Justice and Home Affairs Agencies' Network, demonstrating their unrivaled biometric expertise and operational management capabilities.

What does Sopra Steria specialize in?

Sopra Steria, with around 55,000 employees in nearly 30 countries, specializes in consulting, digital services, and software development, driving digital transformation for various clients worldwide.

What is IDEMIA's mission as a company?

IDEMIA, the leader in identity technologies, aims to unlock the world safely by developing cutting-edge technologies in biometrics and cryptography, ensuring simpler and safer ways to pay, connect, access, identify, travel, and protect public places.

How many employees does IDEMIA have, and where is it trusted?

IDEMIA, with nearly 15,000 employees, is trusted by over 600 governmental organizations and more than 2,300 enterprises spread over 180 countries, securing billions of interactions daily across physical and digital worlds.

What is the core focus of IDEMIA's technologies?

IDEMIA's technologies focus on excellence, uniqueness, and impact in the world by offering simpler and safer solutions for various interactions, with an ethical and socially responsible approach.

Where can more information about Sopra Steria and IDEMIA be found?

For more information about Sopra Steria, visit www.soprasteria.com/fr. For IDEMIA, visit www.idemia.com and follow @IDEMIAGroup on Twitter.

What role does Sopra Steria play in developing the French fingerprint management system under the FAED V3 project?

Sopra Steria, as the overall system project manager, will be responsible for software and all contract-related services, ensuring top system performance and interoperability with EU police systems.

What strategic advantages do Sopra Steria and IDEMIA's collaboration bring to the FAED V3 project?

Sopra Steria and IDEMIA's collaboration provides unrivaled biometric expertise, operational management capabilities, and in-depth understanding of the forensic issues involved, ensuring a robust and high-performance system for law enforcement.
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