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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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The Sopra Steria Group's 2021 Universal Registration Document was registered with the Autorité des Marchés Financiers (AMF) on 17 March 2022. This document is accessible online, featuring the Annual Financial Report and Management Report among other key disclosures.

It also includes details about the Statutory Auditors and their fees, along with information related to the company's share buyback program. This registration signifies compliance with regulatory requirements and demonstrates the company's commitment to transparency.

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Sopra Steria Group (Euronext Paris: SOP) reported on its share structure as of February 28, 2022. The total number of shares stands at 20,547,701, while the theoretical number of voting rights is 26,493,354. However, the number of voting rights that can be exercised is slightly lower at 26,399,289. This information complies with the French Commercial Code and is intended to inform shareholders regarding the company’s voting rights.

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Sopra Steria Group (SOP) has announced the launch of its new employee share ownership plan, We Share 2022, from March 28 to April 13, 2022. This plan aims to include around 96% of its employees across 14 countries, enhancing employee engagement by allowing them to invest in the company's success. Employees can acquire shares with an employer match of one free share per purchased share, capped at €3,000. A total of 200,000 shares are available for purchase, and if demand exceeds supply, shares will be allocated proportionally. Settlement is scheduled for May 5, 2022.

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Sopra Steria Group reported strong financial results for 2021, achieving a 9.8% increase in revenue to €4,682.8 million. Organic growth was 6.4%, supported by a 75.8% rise in net profit to €187.7 million. The operating margin improved to 8.1%, and free cash flow surged to €264.4 million. The net financial debt decreased by 23.1% to €327.1 million, indicating strong financial health. The company proposed a dividend of €3.20 per share for 2021. For 2022, targets include organic revenue growth of 5-6% and an operating margin of 8.5-9.0%.

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On 31 January 2022, Sopra Steria Group reported its share and voting rights statistics as mandated by French regulations. The company has a total of 20,547,701 shares. The theoretical number of voting rights stands at 26,497,781, with 26,406,581 voting rights available for use. These figures are crucial for shareholders to assess their influence in company decisions.

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Sopra Steria Group has released a regulatory update detailing the share and voting rights as of 30 November 2021. The total number of shares stands at 20,547,701, with a theoretical number of voting rights at 26,511,279. The actual number of voting rights that can be exercised is 26,431,305. This information complies with the French Commercial Code and the General Regulations of the Autorité des Marchés Financiers.

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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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